[ANN][YAC] YACoin ongoing development

[igysa]

Once these people have sold to people who want to keep for longer we might see a price bubble soon. Not good for YAC, but that might be a chance for a quick buck.

I expect that balloon to happen at least at the next N change, I really do hope so.. as for some laws of the economic, if there is shortage of something, price should rise.. was very surprised to see that didn’t happen after N changed few days ago..  Seems like people started panicking and abandoning the YAC ship.. Well also as you mentioned Primecoin, it participated, as well as the bitcoin raise at the same time..

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[Bakaboy]

Once these people have sold to people who want to keep for longer we might see a price bubble soon. Not good for YAC, but that might be a chance for a quick buck.

I expect that balloon to happen at least at the next N change, I really do hope so.. as for some laws of the economic, if there is shortage of something, price should rise.. was very surprised to see that didn’t happen after N changed few days ago..  Seems like people started panicking and abandoning the YAC ship.. Well also as you mentioned Primecoin, it participated, as well as the bitcoin raise at the same time..

It's currently being obliterated (market cap wise) by Digitalcoin, Primecoin and now passed by WDC and Phenixcoin (probably because of the UNOCS announcement). Now at 14th spot and with YBC (better) market support looming, its not really looking good for YAC at the moment.

[igysa]

an after next N change ? what do you think ?
 I still think it should rise, as it should almoust be impossible to mine it (therefore no everyday miners dumping)..
.. but well, maybe logical to me is not logical to others..

[Bakaboy]

an after next N change ? what do you think ?
 I still think it should rise, as it should almoust be impossible to mine it (therefore no everyday miners dumping)..
.. but well, maybe logical to me is not logical to others..

First there should be demand and there's not a lot of that at the moment. When it was being traded (and of course mined), supply and demand was there so it was fluid for some time. After the miners left, it all went downhill from there and the speculative demand left along with them. You can just see it from the exchanges, the bookings are getting thinner by the day. 


Being speculative of course, makes things a bit unpredictable. Anything can happen I guess.

[forsetifox]

^^ this ^^

[igysa]

Let’s pump this coin people, deserves way much better !
 I was doing some small pumps going clearly in minus, but what the hell..
..today, two days ago, and on Friday.. trying at least price to hang in there. Seems some other folks also tried.. but today dropping again don’t have much BTC left to pump it more on Cryptsy..

[ivanlabrie]

Let’s pump this coin people, deserves way much better !
 I was doing some small pumps going clearly in minus, but what the hell..
..today, two days ago, and on Friday.. trying at least price to hang in there. Seems some other folks also tried.. but today dropping again don’t have much BTC left to pump it more on Cryptsy..

I prefer BTER...craptsy sucks.
I'm waiting for my PoS blocks, should start getting them by the 23rd.

[igysa]

Let’s pump this coin people, deserves way much better !
 I was doing some small pumps going clearly in minus, but what the hell..
..today, two days ago, and on Friday.. trying at least price to hang in there. Seems some other folks also tried.. but today dropping again don’t have much BTC left to pump it more on Cryptsy..

I prefer BTER...craptsy sucks.
I'm waiting for my PoS blocks, should start getting them by the 23rd.

what is Pos Block friend ?
someone bought big quants of YAC on Cryptsy again YEY !:)
for all XPM I got,  I‚m pumping YAC as hard as I can there..

[ivanlabrie]

Let’s pump this coin people, deserves way much better !
 I was doing some small pumps going clearly in minus, but what the hell..
..today, two days ago, and on Friday.. trying at least price to hang in there. Seems some other folks also tried.. but today dropping again don’t have much BTC left to pump it more on Cryptsy..

I prefer BTER...craptsy sucks.
I'm waiting for my PoS blocks, should start getting them by the 23rd.

what is Pos Block friend ?
someone bought big quants of YAC on Cryptsy again YEY !:)
for all XPM I got,  I‚m pumping YAC as hard as I can there..

It's what sets yac apart from the rest, that and cpu mining with N factor.
It gives you block rewards for holding coins 30 days+, formula is as follows: total coins at stake*.05*(30+ days)/365=Proof of Stake reward per PoS block

[JahPowerBit]

Why in my wallet (mac version) stakes are always equals to 0 ? must i do something to mine PoS ?

Thanks

[St.Bit]

Why in my wallet (mac version) stakes are always equals to 0 ? must i do something to mine PoS ?

Thanks

That's probably also explainde somewhere on bitcointalk too, but this is the link I have at hand:

http://yacointalk.com/index.php/topic,144.15.html

[igysa]

interesting thanks people !

[ivanlabrie]

Why in my wallet (mac version) stakes are always equals to 0 ? must i do something to mine PoS ?

Thanks

You need to do this when you wanna mint PoS blocks:

-Go to help, debug window, console.
-Type: walletpassphrase *your pw* *time in seconds* true
-Hit enter and it'll unlock it for pos minting only...either that or having no encryption (which I wouldn't reccomend)

[Sahtor]

Yacointalk giveaway 3.33 YACs

[St.Bit]

Yacointalk giveaway 3.33 YACs

Nice, I think this deserves a place in my signature.

[igysa]

Yacointalk giveaway 3.33 YACs

Nice, I think this deserves a place in my signature.

LOL !

[JahPowerBit]

Why in my wallet (mac version) stakes are always equals to 0 ? must i do something to mine PoS ?

Thanks

You need to do this when you wanna mint PoS blocks:

-Go to help, debug window, console.
-Type: walletpassphrase *your pw* *time in seconds* true
-Hit enter and it'll unlock it for pos minting only...either that or having no encryption (which I wouldn't reccomend)

thks!

[bitdwarf]

We are within two weeks of the August N change.

[cryptrol]

We are within two weeks of the August N change.

No, not again ! It's been only a few days since the difficulty adjusted to the new N ...
Difficulty adjustment after N change is soooo slow, and this means very long block times during days, which means miners loose BIG profits.

Just some ranting.

[igysa]

We are within two weeks of the August N change.

No, not again ! It's been only a few days since the difficulty adjusted to the new N ...
Difficulty adjustment after N change is soooo slow, and this means very long block times during days, which means miners loose BIG profits.

Just some ranting.

I think Mining of YAC is going better then ever (easier), diff is that low !
but price is droping aargh ! panic sell, for which reason ?!