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wojteks102
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January 18, 2018, 01:10:05 PM |
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All ECA stuck in CoinsMarkets. And a bunch of kiddies crying for "authorities" to step in. What should these "authorities" do, other than potentially confiscate all business assets including all coins. We've seen it with MtGox. Nobody has seen any coins back in years. Hope they can get their servers up running again. But hosting is probably not the right solution for this, they need real servers in a real datacenter.
Not all ECA and not only ECA. Please remember about these people who wanted to invest their BTC or LTC into ECA on coinsmarkets. |
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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robo2
Newbie
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Activity: 56
Merit: 0
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January 18, 2018, 02:41:44 PM |
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Thanks for the response! What would you think would be the minimum stake? I was lead to believe that this would be enough, but obviously not.
my guess is that to stake at all, your wallet needs a weight of ca. 80 Million coin days, to come close, as long as the network weight is >100 Billion. With 20 k coins, this would likely take ca. 4000 days, or roughly 11 years...  One million in one block should stake every 2 - 3 months... If the Million is split in to smaller amounts, you might stake more frequent (as the weight doesn't drop much after each stake) - but those will be small rewards only, and on average be slower, so you would loose out on compound interest.
I think you will have to hold atleast 1M tokens if you want to get stakes daily. Otherwise start with 300K but it will take some time for you get stakes.
You could probably have near to daily stakes with one million only if you cut it in many small inputs of around 30-40 k each. But the initial wait would probably near 3 months, and the daily rewards would be very small... For 300 k my guess would be 6 - 8 months until you reach first reward. Almost daily staking, that doesn't slow reward down for everyone, would require at least 20 inputs of at least 2 Million each, so a total wallet size of >40 Mio Dont cut - one big transaction stake faster. |
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Levontres
Full Member
Offline
Activity: 252
Merit: 100
THE DECENTRALIZED BETTING EXCHANG
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January 18, 2018, 03:13:40 PM |
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Coin I love it! Transaction speed is simply amazing! I look forward to the development of this coin
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GoodHabit
Member
Offline
Activity: 164
Merit: 11
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January 18, 2018, 03:49:28 PM |
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Dont cut - one big transaction stake faster.
Yes - I know - if everyone cuts his wallet in to several inputs, everyone will stake slower. I just answered this in a way correct for those who are more interested in staking frequently, and not so much in getting maximum reward. And if your total wallet size is to small, faster might still mean - never before max supply is reached... |
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MadMac
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January 18, 2018, 04:58:22 PM |
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Not all ECA and not only ECA. Please remember about these people who wanted to invest their BTC or LTC into ECA on coinsmarkets.
I meant my ECA are stuck there, that is 640k of them. Besides some others. Hope they can get a breath and come back to life. Hopefully soon. |
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uffi
Newbie
Offline
Activity: 49
Merit: 0
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January 18, 2018, 06:32:42 PM |
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Join official Electra discord for news and tech support. https://discord.gg/XP7nShh |
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bstewart
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January 18, 2018, 09:07:21 PM |
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Can't believe coinmarket is still hoarding everyone's ECA. Either the people there are incompetent or they are scammers.
I'm happy I moved my funds off that junk exchange.
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erichall
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January 18, 2018, 09:10:18 PM |
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All ECA stuck in CoinsMarkets. And a bunch of kiddies crying for "authorities" to step in. What should these "authorities" do, other than potentially confiscate all business assets including all coins. We've seen it with MtGox. Nobody has seen any coins back in years. Hope they can get their servers up running again. But hosting is probably not the right solution for this, they need real servers in a real datacenter.
Not all ECA and not only ECA. Please remember about these people who wanted to invest their BTC or LTC into ECA on coinsmarkets. It wasn't just ECA but everything else stuck on coinmarkets? Seriously? Someone needs to kick down the doors and demand their coins back. |
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iammist
Newbie
Offline
Activity: 8
Merit: 0
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January 19, 2018, 02:09:19 AM |
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Thanks for the response! What would you think would be the minimum stake? I was lead to believe that this would be enough, but obviously not.
my guess is that to stake at all, your wallet needs a weight of ca. 80 Million coin days, to come close, as long as the network weight is >100 Billion. With 20 k coins, this would likely take ca. 4000 days, or roughly 11 years... One million in one block should stake every 2 - 3 months... If the Million is split in to smaller amounts, you might stake more frequent (as the weight doesn't drop much after each stake) - but those will be small rewards only, and on average be slower, so you would loose out on compound interest.
I think you will have to hold atleast 1M tokens if you want to get stakes daily. Otherwise start with 300K but it will take some time for you get stakes.
You could probably have near to daily stakes with one million only if you cut it in many small inputs of around 30-40 k each. But the initial wait would probably near 3 months, and the daily rewards would be very small... For 300 k my guess would be 6 - 8 months until you reach first reward. Almost daily staking, that doesn't slow reward down for everyone, would require at least 20 inputs of at least 2 Million each, so a total wallet size of >40 Mio Thanks again! |
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JohnDoe3490
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January 19, 2018, 02:37:25 PM |
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i'm really glad on bought eca for really cheap on coinsmarket. This shitshow on Coinsmarkets really makes me glad that I withdrew all my ECA coins.
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ilitirit
Newbie
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Activity: 17
Merit: 0
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January 19, 2018, 02:59:11 PM |
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About the down time ,
Time : 2018-01-19
First let us explain what is coinsmarkets , we are based on 2 investor , 1 admin , 1 coder , 2 senior support and 4 general support .
In November last year 1 of senior support left the team , It is hard enough to hire a new one , this work is based on a lot of trust , so we still waiting for correct condidat .
Now let's move to the issue , in December we experienced a lot of new users and huge volume , we were ready for double or even triple volume but in our case it was 10x +.
From here all kind of problem start with servers ,
Now add to that the last senior support remaining have some family issue and was forced to be off most of the time .
In addition to all that there was some db corruption issue we faced due to the overload and later hosting issue.
So a lot of work to do with a lot of missing stuff.
Please understand that in exchange you can't just go and hire someone and trust him millions of dollars .
We are sorry for lack of comunication about issue we have thought that people already trust us enough , and we invested 100% of time in restoring the site .
Now issue with hosting , hosting complained about a lot of fraud report from users about our service . We find this really hard to explain , it is clear that not even a single coin has moved from our wallets , and once again we are here to stay ,
We have not even released 10% of our road map , there is a lot of new future to be added in the nearest future.
A week ago we started negoation with new host that can accept similar service , we initiated the move ,
The Database was fixed yesterday night .
Now remain to setup new servers , few fix here and there and service will be restored ,
We write our news only in coinsmarkets news section , any twitter , chat msg etc is a scam ,
Again Official Coinsmarkets message are written only in coinsmarkets news section .
https://coinsmarkets.com/news.php |
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Isle of Groestl
Member
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Activity: 154
Merit: 10
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January 19, 2018, 03:51:24 PM |
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^^^^^WOO HOO ^^^^^ - We'll all be rich soon.  |
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ThepowerofD
Member
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Activity: 161
Merit: 10
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January 19, 2018, 04:55:31 PM |
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^^^^^WOO HOO ^^^^^ - We'll all be rich soon. yes as coinsmarktee is REAL DEAL Fucking pussies grown up guys pay for icos and wait months for there coin can't fucking wait less then a month coins would have been back on had no one called out fraud to the host |
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gauldicus
Newbie
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Activity: 54
Merit: 0
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January 19, 2018, 06:46:00 PM |
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their communication is shit. I bet they are on a flight to barbados then they will get the coins. Kuntz
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remol
Full Member
Offline
Activity: 378
Merit: 103
Revolutionising Marketing and Loyalty
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January 19, 2018, 10:44:18 PM |
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Guys, what happened to ECA volume? Why did it drop so brutally? I still see great potential in this gem.
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Hodl247
Newbie
Offline
Activity: 25
Merit: 0
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January 19, 2018, 11:39:38 PM |
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Guys, what happened to ECA volume? Why did it drop so brutally? I still see great potential in this gem.
Many Reasons. 1: CoinsMarkets not quite back online yet. (See electra.news and facebook updates about CM coming back online soon. 2: Micro exchanges that ECA is currently on don't provide for much volume. 3: ECA massive staking reward means many people who invested are holding fast, with no intention to sell. -----Add the fact that larger exchanges are scheduled to start trading ECA soon, the great development and communication from the devs, the community around ECA, and the current price compared to other projects make for a fantastic hold investment. |
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manschadow
Newbie
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Activity: 53
Merit: 0
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January 20, 2018, 12:41:12 AM |
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For you info, Coinsmarkets is back online.
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DeepTerrfici
Full Member
Offline
Activity: 275
Merit: 100
Data Collecting Textile Circuitry
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January 20, 2018, 12:46:30 AM |
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For you info, Coinsmarkets is back online.
do you have a link? is it the same website? coinsmarkets.com is still down. Still, no ones been able to log in. I only can speak for myself, but my money is still locked up/unavailable. |
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conex
Member
Offline
Activity: 318
Merit: 10
crypto enthusiast
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January 20, 2018, 08:31:28 AM |
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Guys, what happened to ECA volume? Why did it drop so brutally? I still see great potential in this gem.
Yea, agree with you. As usual. Holders will be rewarded, speculative traders, will be bitchin'  |
“If you personalize losses, you can’t trade.” – BK
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kramat
Full Member
Offline
Activity: 910
Merit: 100
https://i.ibb.co/2NX43h7/Avatar-1.jpg
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January 20, 2018, 08:45:43 AM |
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For you info, Coinsmarkets is back online.
do you have a link? is it the same website? coinsmarkets.com is still down. Still, no ones been able to log in. I only can speak for myself, but my money is still locked up/unavailable. I hope so but for now I do not have access to enter on coinsmarkets, I think some of my ECAs are now locked there and nobody knows when it can open again |
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