onemanatatime
Full Member
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Activity: 294
Merit: 101
Aluna.Social
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June 01, 2017, 09:36:01 AM |
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some questions
70 mil total suply only 7 mil sold what is with the rest?
why no homepage?
escrow?
will i earn rewards if other traders copy my trades? what would be the motivation to share my trade knowledge?
thanks
This is a proof-of-work coin, so total will be 72 mil supply, but emission is only 40 eqt per 5 minutes. 10% was premined at the beginning for development fund, and now we see 6m out of the 7.2m being sold on the ICO. You can still mine the coin as well.
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This time it's different.
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wywoc
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June 01, 2017, 09:43:23 AM |
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difficulty and hashrate is way too high right now.. been mining since the start but now cheaper to buy ico. considering if i should send some btc in for the ico keep up the good work dev! at this rate all my btc gonna go to buying eqt
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kezy
Newbie
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Activity: 27
Merit: 0
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June 01, 2017, 11:20:21 AM |
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On coinexchange, it say that "unsold coins are burnt by exchange". what does this mean?
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helloworld
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June 01, 2017, 11:29:13 AM |
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threw my hash onto another coin instead.. will be sending more btc to buy instead now mining is more expensive than buying
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ohforf (OP)
Sr. Member
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Activity: 327
Merit: 250
we are legion
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June 01, 2017, 11:33:16 AM |
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some questions
70 mil total suply only 7 mil sold what is with the rest?
why no homepage?
escrow?
will i earn rewards if other traders copy my trades? what would be the motivation to share my trade knowledge?
thanks
This is a proof-of-work coin, so total will be 72 mil supply, but emission is only 40 eqt per 5 minutes. 10% was premined at the beginning for development fund, and now we see 6m out of the 7.2m being sold on the ICO. You can still mine the coin as well. That is right. And to answer your question about copy trading; yes you will earn rewards from other traders. Unlike 1broker which is an exchange itself, they are able to charge commission per trade. For us, we work on a subscription basis, so will not be possible to do the same thing. Instead, users will be able to see your public statistics such as % gain in the month and view your old trade history, and will have to pay a sum of EQT to unlock your signals, of which a portion will be paid to you. So the motivation would be the incentive with tokens, if someone unlocks your trades, or also when you post technical analysis charts and get likes from other users.
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ohforf (OP)
Sr. Member
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Activity: 327
Merit: 250
we are legion
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June 01, 2017, 11:34:16 AM |
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On coinexchange, it say that "unsold coins are burnt by exchange". what does this mean?
This means that all unsold coins will be "discarded" by the exchange. This will be done by sending the coins to an address where nobody has access to the private key, hence rendering the coins unspendable forever.
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el3f
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June 01, 2017, 12:42:35 PM |
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can i reserve indonesian translation dev?
Sorry but already Reserved by Rozee Can i reserve tagalog translation. Philippines
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OneNattyLitecoin
Sr. Member
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Activity: 356
Merit: 335
If you don’t believe, why are you here?
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June 01, 2017, 06:34:58 PM |
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Are there any paper wallet options for EQT?
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onetimeplz
Newbie
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Activity: 23
Merit: 0
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June 01, 2017, 07:13:46 PM |
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Are there any paper wallet options for EQT?
Also interested in this.
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GIANT77
Newbie
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Activity: 3
Merit: 0
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June 01, 2017, 07:44:39 PM |
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Hello, i'm new here and don't understand what this mean
At the end of the TRP, 40% of the BTCs received will be placed as a buy wall at 2500 Satoshi for a minimum of 4 days.
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ohforf (OP)
Sr. Member
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Activity: 327
Merit: 250
we are legion
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June 01, 2017, 10:04:27 PM |
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Are there any paper wallet options for EQT?
Also interested in this. What you can do is to install the local wallet into a computer that is not connected to the internet. Generate an address, and save that wallet.dat file, and that can act as a paper wallet.
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ohforf (OP)
Sr. Member
Offline
Activity: 327
Merit: 250
we are legion
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June 01, 2017, 10:09:23 PM |
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Hello, i'm new here and don't understand what this mean
At the end of the TRP, 40% of the BTCs received will be placed as a buy wall at 2500 Satoshi for a minimum of 4 days.
This means that at the end of the redemption on coinexchange, 40% of the BTC received will be used to place a "buy order" at 0.00002500 for 4 days.
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eur
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Activity: 102
Merit: 10
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June 02, 2017, 11:18:58 AM |
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+ investor
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markus124
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June 02, 2017, 01:29:22 PM |
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This ico raised more than what i expected to get. Congrats dev.
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ohforf (OP)
Sr. Member
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Activity: 327
Merit: 250
we are legion
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June 02, 2017, 02:57:16 PM |
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The EquiTrader ICO has crossed 150 BTC! Thank you all for your tremendous support! Only 1+ day left to get your $EQT! https://www.coinexchange.io/market/EQT/BTC?r=4bd0adb2
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ohforf (OP)
Sr. Member
Offline
Activity: 327
Merit: 250
we are legion
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June 02, 2017, 03:19:00 PM |
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As we have been discussing over the past day on the telegram group, there seems to be a strong interest in implementing Masternode tech into the EQT token. Judging from today's discussions, it would require roughly 50-60k EQT to be eligible to be a masternode, with rewards of about 1 EQT per 2 minutes. These are just guidelines for now, and would love to hear what you have to say about this. I think a good rule of thumb would be to give access to masternodes for the top ~10% of wallet holders, which as of today would be about 35k EQT. Although implementing MNs will require a swap to a new token, if the community agrees, we can definitely go ahead with this. However, as shared also on telegram, there are many factors to consider for implementing tech advances onto the token. As much as we would like to have the latest tech implementations, we must also ensure it is practical and stable. E.g. it would be senseless for EQT to implement SegWit and Lighting network, when our transactions are barely anywhere near max capacity. Conducting swaps onto a new chain as and when we like is also not something we ideally want to do. I think that it will be good to upgrade the coin nearer to launch date of the platform, which will give us a couple months to plan this implementation carefully and decide on the best path forward. Feel free to share your thoughts below.
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AltsBoom
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June 02, 2017, 03:29:03 PM |
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Masternodes always get me excited but 50/60k coins for a masternode seems too much.
How many coins are in circulation in a few months? 7 million depending on coins burned?
That means if the entire supply of coins were locked up you would only have 115-140 masternodes.
Considering you need coins to circulate, the limited amount of masternodes could be an issue.
Also take into account the support and dev's needed to implement them. It may sway you from the initial focus of the project unless you take on more team members.
I would love to see MN's but wouldn't want the project slowed down for them unless they're a huge addition to value/security.
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helloworld
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June 02, 2017, 06:13:41 PM |
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I agree, masternode is a good idea.. will allow miners to get rewarded for supporting and keeping the network secure.
But maybe you need to lower the requirement I think 60k is too much.. Maybe something like 30k?
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