XG
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November 18, 2017, 11:12:43 PM |
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Awesome material and thanks for sharing!
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rdm2
Newbie
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Merit: 0
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November 19, 2017, 12:27:21 AM |
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Hi, I'm a newbie and I didn't understand how this coin works. Just saw it on Cryptopia and the price is falling to 2 sats. Should I buy it? If it will go up then why everybody is selling at this price? Will it stay at 1 or 2 sats? Please explain, I'm confused.
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DADIBLAND
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November 19, 2017, 01:37:29 AM |
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big scam .....
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amGigolo
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November 19, 2017, 01:41:02 AM |
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big scam .....
please explain?
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zak2002
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November 19, 2017, 04:31:11 AM |
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Hi, I'm a newbie and I didn't understand how this coin works. Just saw it on Cryptopia and the price is falling to 2 sats. Should I buy it? If it will go up then why everybody is selling at this price? Will it stay at 1 or 2 sats? Please explain, I'm confused.
My journey with this coin is also 2-3 days old. This coin is PoS based and currently a big staking pool is going on with above 20 percent reward daily. This is resulting in a production of tonns of coins every day. That is why you see billions B3 of coins on coinmarketcap. So people who are getting these coins by staking are selling them at whatever price they can. That is why you are seeing a price drop as too many coins in circulation. This high staking reward will go on for roughly 10-12 more days. After that they will master nodes and several billion coins will be burnt. This will stabilize the price hopefully because the number of coins currently in circulation are over 160B which will reduce to less than 2B after burning. This is the only reason I invested a couple 100 dollars yesterday. Now either I will loose those few hundred dollars or I will get big time reward. So lets see in which direction the tides turn after a couple of weeks.
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Toninho
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November 19, 2017, 04:58:27 AM |
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Hi, I'm a newbie and I didn't understand how this coin works. Just saw it on Cryptopia and the price is falling to 2 sats. Should I buy it? If it will go up then why everybody is selling at this price? Will it stay at 1 or 2 sats? Please explain, I'm confused.
My journey with this coin is also 2-3 days old. This coin is PoS based and currently a big staking pool is going on with above 20 percent reward daily. This is resulting in a production of tonns of coins every day. That is why you see billions B3 of coins on coinmarketcap. So people who are getting these coins by staking are selling them at whatever price they can. That is why you are seeing a price drop as too many coins in circulation. This high staking reward will go on for roughly 10-12 more days. After that they will master nodes and several billion coins will be burnt. This will stabilize the price hopefully because the number of coins currently in circulation are over 160B which will reduce to less than 2B after burning. This is the only reason I invested a couple 100 dollars yesterday. Now either I will loose those few hundred dollars or I will get big time reward. So lets see in which direction the tides turn after a couple of weeks. yep remain patience and hold, 250000 B3 when it takes time to staking? possibly 7 days.... ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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Sam123
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November 19, 2017, 05:05:40 AM |
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Hi, I'm a newbie and I didn't understand how this coin works. Just saw it on Cryptopia and the price is falling to 2 sats. Should I buy it? If it will go up then why everybody is selling at this price? Will it stay at 1 or 2 sats? Please explain, I'm confused.
My journey with this coin is also 2-3 days old. This coin is PoS based and currently a big staking pool is going on with above 20 percent reward daily. This is resulting in a production of tonns of coins every day. That is why you see billions B3 of coins on coinmarketcap. So people who are getting these coins by staking are selling them at whatever price they can. That is why you are seeing a price drop as too many coins in circulation. This high staking reward will go on for roughly 10-12 more days. After that they will master nodes and several billion coins will be burnt. This will stabilize the price hopefully because the number of coins currently in circulation are over 160B which will reduce to less than 2B after burning. This is the only reason I invested a couple 100 dollars yesterday. Now either I will loose those few hundred dollars or I will get big time reward. So lets see in which direction the tides turn after a couple of weeks. 1) What is the current coin in circulation ? 2) who they will master nodes and several billion coins will be burnt3) Where did you read this please
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BayAreaCoins
Legendary
Offline
Activity: 3962
Merit: 1250
Owner at AltQuick.com
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November 19, 2017, 05:20:27 AM |
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Burning coins is going to hurt the market cap and not make anyone any money.
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zak2002
Member
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Offline
Activity: 89
Merit: 10
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November 19, 2017, 05:49:04 AM |
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Hi, I'm a newbie and I didn't understand how this coin works. Just saw it on Cryptopia and the price is falling to 2 sats. Should I buy it? If it will go up then why everybody is selling at this price? Will it stay at 1 or 2 sats? Please explain, I'm confused.
My journey with this coin is also 2-3 days old. This coin is PoS based and currently a big staking pool is going on with above 20 percent reward daily. This is resulting in a production of tonns of coins every day. That is why you see billions B3 of coins on coinmarketcap. So people who are getting these coins by staking are selling them at whatever price they can. That is why you are seeing a price drop as too many coins in circulation. This high staking reward will go on for roughly 10-12 more days. After that they will master nodes and several billion coins will be burnt. This will stabilize the price hopefully because the number of coins currently in circulation are over 160B which will reduce to less than 2B after burning. This is the only reason I invested a couple 100 dollars yesterday. Now either I will loose those few hundred dollars or I will get big time reward. So lets see in which direction the tides turn after a couple of weeks. 1) What is the current coin in circulation ? 2) who they will master nodes and several billion coins will be burnt3) Where did you read this please 1) 170B (If you notice on coinmarketcap, you will see that it has a current circulation of 170B and Max circulation of 3B. Now how is it possible that max supply is smaller than circulation? This is called inflation.) 2) My bad. I missed "introduce" there. I meant to say that Master-nodes will be introduced which will result in burning (or better say freezing for ever). It means that lets say I have 2M coins. I will say that I burn these coins and get a master node in return. The ones who will get master nodes will get good profits in the long run. In my opinion, its a win win for both. For owners of master nodes in a sense that they will sacrifice their coins by burning them and get heavy rewards in the long run. And this burning will reduce the number of coins and thus more stablility. 3) For this specific coin, go their website and look for Discord. Join it by clicking on the referral link. For general info, about how Proof-of-stake type of coins work, google PoW vs PoS.
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zak2002
Member
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November 19, 2017, 05:55:16 AM |
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Burning coins is going to hurt the market cap and not make anyone any money.
I assume that since you are much senior member than me on this forum, you already know how PoS coins like DASH work. Its not actual burning. This word is used just to understand its effect. Its actually permanent freezing of some specified number of coins to buy aster nodes. Like in case of DASH, one needs to freeze above 1000 coins to possess a master node. ps: I am just a niebie in this field. I mere came to know what PoS is two days ago. So pardon my ignorance if I said something stupid.
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BayAreaCoins
Legendary
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Activity: 3962
Merit: 1250
Owner at AltQuick.com
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November 19, 2017, 06:05:36 AM |
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I assume that since you are much senior member than me on this forum
Blah don't judge a book by its cover ever. We are all just people regardless of our forum stuff. you already know how PoS coins like DASH work. Its not actual burning. This word is used just to understand its effect. Its actually permanent freezing of some specified number of coins to buy aster nodes. Like in case of DASH, one needs to freeze above 1000 coins to possess a master node.
ps: I am just a niebie in this field. I mere came to know what PoS is two days ago. So pardon my ignorance if I said something stupid.
I know how PoS works, but this is my first time possibly tinkering with master nodes. I understand the not actually "burning". But removing a ton of coins from the outstanding shares right now will or would drop the market cap like a rock. (Depending on how the website calculates the master nodes and all that jazz)
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lotfiuser
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November 19, 2017, 06:13:27 AM |
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dafuq i buy for 16 i sell it for 7 i buy again in 5 now price is 4 are you trying to make me more poor ?
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Free palestine
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amGigolo
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November 19, 2017, 06:17:05 AM |
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I assume that since you are much senior member than me on this forum
Blah don't judge a book by its cover ever. We are all just people regardless of our forum stuff. you already know how PoS coins like DASH work. Its not actual burning. This word is used just to understand its effect. Its actually permanent freezing of some specified number of coins to buy aster nodes. Like in case of DASH, one needs to freeze above 1000 coins to possess a master node.
ps: I am just a niebie in this field. I mere came to know what PoS is two days ago. So pardon my ignorance if I said something stupid.
I know how PoS works, but this is my first time possibly tinkering with master nodes. I understand the not actually "burning". But removing a ton of coins from the outstanding shares right now will or would drop the market cap like a rock. (Depending on how the website calculates the master nodes and all that jazz) yeah i am very interested in the masternodes, some of the others i have seen i wanted are wayyyy too expensive right now I personally havent had any coins outside doge that cost so little.... i doubt we will see above 1 SAT before Monday i wonder what happens then? i bought 4 million just the other day at about $4,000 and i am at loss... i think if anyone is going to make any money now buying in at 1 is your best bet and PRAY a whale comes by or a pump and dump/Hodl group comes along its scary that the 1 wallet owns over 50% of the coin and then 2 right behind closest is the frogger pool and the dev pool... basically 3 ppl own this whole $hit and kaboodle
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Bytecoiner419
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November 19, 2017, 06:28:04 AM |
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dafuq i buy for 16 i sell it for 7 i buy again in 5 now price is 4 are you trying to make me more poor ?
The only person to blame is yourself... It's very simple, If you buyin at 16, then you don't sell for less than 16... even if it takes years for that to happen. You only lose money when you sell for less than you paid. When the price drops...don't get scared and sell...Buy More For Cheaper & HODL ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) I too have done that rookie mistake a few times but I now know that you just need patience to make a profit in crypto. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.supload.com%2FrJgCwuNakM.jpg&t=665&c=7agzZ1OJYU76cw)
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amGigolo
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November 19, 2017, 07:10:29 AM |
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It's very simple, If you buyin at 16, then you don't sell for less than 16... even if it takes years for that to happen.
i bought at 5000 SATs! if we ever see that again i will be a billionaire lol
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Bytecoiner419
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November 19, 2017, 07:18:46 AM |
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It's very simple, If you buyin at 16, then you don't sell for less than 16... even if it takes years for that to happen.
i bought at 5000 SATs! if we ever see that again i will be a billionaire lol never say never. doubtful but not impossible.
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amGigolo
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November 19, 2017, 07:41:11 AM |
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It's very simple, If you buyin at 16, then you don't sell for less than 16... even if it takes years for that to happen.
i bought at 5000 SATs! if we ever see that again i will be a billionaire lol never say never. doubtful but not impossible. I would be happy if we see 15+ SATS again!
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CarlosCorreia
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November 19, 2017, 08:14:08 AM |
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I bought around 30k B3 few days ago.
Wallet is sync and running for 3 days and no staking what so ever! Is this that difficult to stake nowadays?
I heard about PoS pools. How can I join? Is there a tutorial somewhere?
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XG
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November 19, 2017, 08:29:13 AM |
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big scam .....
Why do you think it's a big scam?
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zak2002
Member
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Offline
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November 19, 2017, 08:47:44 AM |
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I bought around 30k B3 few days ago.
Wallet is sync and running for 3 days and no staking what so ever! Is this that difficult to stake nowadays?
I heard about PoS pools. How can I join? Is there a tutorial somewhere?
Although you are a bit late but still if you are quick now, you may get something. Go to b3coin.net and scroll down a bit. You will see Discord button next to Downloads. Click on it and join that forum. There you can find all the instructions how to join the pool. But be careful, there are two pools there, one is b3-official but and the other one is myfrogger. I would recommend to go for myfrogger. I invested my coins on both of those pools, but I regret not going completely at myfrogger. But do it quick, as there are not much days left for maximum staking revenue. I guess 10 days at most. Let me know if you need more info.
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