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Author Topic: [IMX] IMPACT | NO PREMINE/NO ICO | REAL LONGTERM CRYPTO | X11 ALGO | POS NOW|  (Read 41875 times)
major_coiner
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April 20, 2017, 03:14:51 PM
 #461

We checked the POS situation. It seems POS reward is 2.5% (per year) and not 25% as planned.

There are two sollutions.
We will keep current 2.5% POS.
Or we will fork to 25 % POS.



Coin generation overview.

25 % POS (per year)
137500000  (after first year)
171875000 ( 2 years)
214843750 (3)
268554687 (4)
335693359 (5)

-------

2.5 % POS (per year)
112750000 (after first year)
115568750 ( 2 years)
118457968 (3)
121419417 (4)
124454903 (5)


Opinions are welcome.




I would say 2.5% POS. Maybe to encourage early adopters, if you wanted to set 25% that should be just for 1 month, the next month 10%, 5% the third one and after that 2.5% for ever (that's just an example) or something similar, a diminishing reward scheme that lasts some months and ends with annual 2.5% PoS reward, that's my opinion.
But that would require a fork aswell i think, and no one likes forks...
Yes, you're right, a fork is not the best option, and I'm fine with 2,5% as a I said, but some months of bigger, diminishing rewards to attract early adopters and create some FOMO wouldn't be a bad option if the fork isn't really that big deal (now would be the time to do that, before the community gets bigger). Just an idea.
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Zeehenk
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April 20, 2017, 03:31:30 PM
 #462

We checked the POS situation. It seems POS reward is 2.5% (per year) and not 25% as planned.

There are two sollutions.
We will keep current 2.5% POS.
Or we will fork to 25 % POS.



Coin generation overview.

25 % POS (per year)
137500000  (after first year)
171875000 ( 2 years)
214843750 (3)
268554687 (4)
335693359 (5)

-------

2.5 % POS (per year)
112750000 (after first year)
115568750 ( 2 years)
118457968 (3)
121419417 (4)
124454903 (5)


Opinions are welcome.




I would say 2.5% POS. Maybe to encourage early adopters, if you wanted to set 25% that should be just for 1 month, the next month 10%, 5% the third one and after that 2.5% for ever (that's just an example) or something similar, a diminishing reward scheme that lasts some months and ends with annual 2.5% PoS reward, that's my opinion.
But that would require a fork aswell i think, and no one likes forks...
Yes, you're right, a fork is not the best option, and I'm fine with 2,5% as a I said, but some months of bigger, diminishing rewards to attract early adopters and create some FOMO wouldn't be a bad option if the fork isn't really that big deal (now would be the time to do that, before the community gets bigger). Just an idea.

And make sure to let people know about an event like this Smiley

JuliusNL
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April 20, 2017, 03:35:42 PM
 #463

I dont like forks, i am happy with 2,5 staking rate i even think it makes IMX a more valuable coin.

berron
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April 20, 2017, 04:16:52 PM
 #464

I dont like forks, i am happy with 2,5 staking rate i even think it makes IMX a more valuable coin.
Same here. OTHO, ufff, whatafail...

Have you tried a real DEX??? But a real DEX like this!!!
Elypse
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April 20, 2017, 05:54:30 PM
 #465

Agreed with everyone's sentiments. Don't fork to 25%, just leave it at 2.5% and call it a day and move on to more important things.

Polcrack
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April 20, 2017, 06:41:49 PM
 #466

We checked the POS situation. It seems POS reward is 2.5% (per year) and not 25% as planned.

There are two sollutions.
We will keep current 2.5% POS.
Or we will fork to 25 % POS.



Coin generation overview.

25 % POS (per year)
137500000  (after first year)
171875000 ( 2 years)
214843750 (3)
268554687 (4)
335693359 (5)

-------

2.5 % POS (per year)
112750000 (after first year)
115568750 ( 2 years)
118457968 (3)
121419417 (4)
124454903 (5)


Opinions are welcome.




I would say 2.5% POS. Maybe to encourage early adopters, if you wanted to set 25% that should be just for 1 month, the next month 10%, 5% the third one and after that 2.5% for ever (that's just an example) or something similar, a diminishing reward scheme that lasts some months and ends with annual 2.5% PoS reward, that's my opinion.
But that would require a fork aswell i think, and no one likes forks...
Yes, you're right, a fork is not the best option, and I'm fine with 2,5% as a I said, but some months of bigger, diminishing rewards to attract early adopters and create some FOMO wouldn't be a bad option if the fork isn't really that big deal (now would be the time to do that, before the community gets bigger). Just an idea.

And make sure to let people know about an event like this Smiley

not fork stay 2.5 % year

Many people scamer with Icos and shitcoins, Invest with intelligence
soomro
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April 20, 2017, 07:38:23 PM
 #467

It is good news,  that Impact Social Media Feeds are alive and updated... It will explode the value of IMX
Impactdev (OP)
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April 20, 2017, 07:46:31 PM
 #468

Agreed with everyone's sentiments. Don't fork to 25%, just leave it at 2.5% and call it a day and move on to more important things.
I also agree. POS will stay on 2.5% per year.

Another thing to talk about is a new exchange.
Yobit didn´t add IMX in 3 weeks.

We are looking for alternatives. (0.5 BTC Yobit code (with request) will stay on Yobit.)
In total we have  2 BTC available for another exchange fee.

Cryptopia costs around 1.2 BTC (https://www.cryptopia.co.nz/Paytopia)
CCEX price is hard to say. (https://c-cex.com/?id=vote) It is 1.65 BTC to win next voting round. )
Livecoin costs 2 BTC. (https://www.livecoin.net/)
  


Any ideas? (Our favourite is livecoin)
Elypse
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April 20, 2017, 07:54:46 PM
 #469

Agreed with everyone's sentiments. Don't fork to 25%, just leave it at 2.5% and call it a day and move on to more important things.
I also agree. POS will stay on 2.5% per year.

Another thing to talk about is a new exchange.
Yobit didn´t add IMX in 3 weeks.

We are looking for alternatives. (0.5 BTC Yobit code (with request) will stay on Yobit.)
In total we have  2 BTC available for another exchange fee.

Cryptopia costs around 1.2 BTC (https://www.cryptopia.co.nz/Paytopia)
CCEX price is hard to say. (https://c-cex.com/?id=vote) It is 1.65 BTC to win next voting round. )
Livecoin costs 2 BTC. (https://www.livecoin.net/)
  


Any ideas? (Our favourite is livecoin)


Bittrex is about 1.5BTC for listing, and TBH their average volume (around 10K BTC) is higher than those three.

If having to pick from those 3 though, I would probably agree with Livecoin as the next best option, but it'll probably cost you 1.3BTC going the voting route, or you can just pay the outright cost of 2BTC. To my knowledge though they aren't adding coins until next month as they are upgrading their site.

Impactdev (OP)
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April 20, 2017, 08:24:48 PM
 #470

Agreed with everyone's sentiments. Don't fork to 25%, just leave it at 2.5% and call it a day and move on to more important things.
I also agree. POS will stay on 2.5% per year.

Another thing to talk about is a new exchange.
Yobit didn´t add IMX in 3 weeks.

We are looking for alternatives. (0.5 BTC Yobit code (with request) will stay on Yobit.)
In total we have  2 BTC available for another exchange fee.

Cryptopia costs around 1.2 BTC (https://www.cryptopia.co.nz/Paytopia)
CCEX price is hard to say. (https://c-cex.com/?id=vote) It is 1.65 BTC to win next voting round. )
Livecoin costs 2 BTC. (https://www.livecoin.net/)
  


Any ideas? (Our favourite is livecoin)


Bittrex is about 1.5BTC for listing, and TBH their average volume (around 10K BTC) is higher than those three.

If having to pick from those 3 though, I would probably agree with Livecoin as the next best option, but it'll probably cost you 1.3BTC going the voting route, or you can just pay the outright cost of 2BTC. To my knowledge though they aren't adding coins until next month as they are upgrading their site.
Bittrex for 1.5 BTC? Can you provide link?
abvhiael
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April 21, 2017, 01:57:05 AM
 #471

Agreed with everyone's sentiments. Don't fork to 25%, just leave it at 2.5% and call it a day and move on to more important things.
I also agree. POS will stay on 2.5% per year.

Another thing to talk about is a new exchange.
Yobit didn´t add IMX in 3 weeks.

We are looking for alternatives. (0.5 BTC Yobit code (with request) will stay on Yobit.)
In total we have  2 BTC available for another exchange fee.

Cryptopia costs around 1.2 BTC (https://www.cryptopia.co.nz/Paytopia)
CCEX price is hard to say. (https://c-cex.com/?id=vote) It is 1.65 BTC to win next voting round. )
Livecoin costs 2 BTC. (https://www.livecoin.net/)
  


Any ideas? (Our favourite is livecoin)


yobit is terribad. i had similar problems with them last year trying to get SOILcoin listed. took nearly six weeks to get a refund from them. cryptopia has a really good group of people around there, and with arbitrage, the marketplace, the hosted mining pools, etc. it seems like one that is bound to stick around.
Enation
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April 21, 2017, 02:04:56 AM
 #472

Agreed with everyone's sentiments. Don't fork to 25%, just leave it at 2.5% and call it a day and move on to more important things.



Any ideas? (Our favourite is livecoin)



same here. livecoin
pushkarmore
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April 21, 2017, 02:38:58 AM
 #473

2.5% is fine as long as it is published as 2.5 and not 25%

Also, bleutrade is a good option along with bittrex.
The latter having a huge volume - also known to delist as volumes fall.
Bleutrade is good too, have been using it for a while now and haven't really seen anything get delisted there due to volumes, so no pressure to perform there.
Polcrack
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April 21, 2017, 02:42:09 AM
 #474

Agreed with everyone's sentiments. Don't fork to 25%, just leave it at 2.5% and call it a day and move on to more important things.
I also agree. POS will stay on 2.5% per year.

Another thing to talk about is a new exchange.
Yobit didn´t add IMX in 3 weeks.

We are looking for alternatives. (0.5 BTC Yobit code (with request) will stay on Yobit.)
In total we have  2 BTC available for another exchange fee.

Cryptopia costs around 1.2 BTC (https://www.cryptopia.co.nz/Paytopia)
CCEX price is hard to say. (https://c-cex.com/?id=vote) It is 1.65 BTC to win next voting round. )
Livecoin costs 2 BTC. (https://www.livecoin.net/)
  


Any ideas? (Our favourite is livecoin)




Bittrex is about 1.5BTC for listing, and TBH their average volume (around 10K BTC) is higher than those three.

If having to pick from those 3 though, I would probably agree with Livecoin as the next best option, but it'll probably cost you 1.3BTC going the voting route, or you can just pay the outright cost of 2BTC. To my knowledge though they aren't adding coins until next month as they are upgrading their site.
Bittrex for 1.5 BTC? Can you provide link?


https://bittrex.zendesk.com/hc/en-us/articles/202583854-Submitting-a-Coin-to-Bittrex

I think bittrex is better of all but if its so expensive livecoin its good

Many people scamer with Icos and shitcoins, Invest with intelligence
JuliusNL
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April 21, 2017, 08:31:43 AM
 #475

Coinexchange is growing fast, i think its a good exchange, and the main trading volume for Impact is there.

( I dont know / use Nova )

So you have two exchanges. I one fails we have a backup for trading.

Its not needed to get on an other exchange fast in my upinion, its welcome anyway. I think its better to spend time and resources on usebility and developping/promoting the name.

Elypse
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April 21, 2017, 01:12:33 PM
 #476

Coinexchange is growing fast, i think its a good exchange, and the main trading volume for Impact is there.

( I dont know / use Nova )

So you have two exchanges. I one fails we have a backup for trading.

Its not needed to get on an other exchange fast in my upinion, its welcome anyway. I think its better to spend time and resources on usebility and developping/promoting the name.

It is true that coinexchange is growing, but the daily average volume for Nova/CoinExchange is still very low compared to more mainstream exchanges.

saocodonls95
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April 21, 2017, 02:06:10 PM
 #477

Great coin! But 7300 coin /block?
Elypse
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April 21, 2017, 02:18:13 PM
 #478

Great coin! But 7300 coin /block?

That was during the PoW phase which only lasted a small amount of time. IMX is currently in PoS only. 

soomro
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April 21, 2017, 07:16:28 PM
Last edit: April 21, 2017, 08:00:54 PM by soomro
 #479

Is there any strategy to control the liquidity fluctuations. it is swimming

It would be  better if coin registered on POLONIEX
  
JuliusNL
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April 21, 2017, 08:39:25 PM
 #480

Do you mean the big spread between ask and bid,   now 75 - 50 sat.  It needs time and more traders to narrow.

What you see now is big buys, and big sell , direct hit the live orders on the book that are not that big in size. So the price jumps up and down.

Over time it will jump less up and down, even more when the price goes up to 300 or 400 sat in coming weeks.

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