Bitcoin Forum
October 04, 2022, 08:19:04 PM *
News: Latest Bitcoin Core release: 23.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: 1337 Final APR. 13.37% was originally planned but to keep coin supply in check and improve coin value, we are proposing 1.337%. But we would like to hear from you all as your opinion matters.
13.37% (Old Final APR)
1.337% (New Final APR)

Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 [13] 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 »
  Print  
Author Topic: [ANN] Elite [MANDATORY UPDATE] 1.337% APR | POS ONLY  (Read 51032 times)
xenonflux (OP)
Sr. Member
****
Offline Offline

Activity: 476
Merit: 259



View Profile WWW
November 11, 2017, 05:54:31 PM
 #241

Everyone, as mentioned before about the new final APR, we are proposing the new final APR to be 1.337% as oppose to the originally planned 13.37% in order to keep coin supply in check and improve coin value. We would like to hear from you all as your opinion matters. Polls are open here and on Twitter https://twitter.com/1337CoinUpdates/status/929404710745989124

Elite Coin | Donate to support development
1337: LeetDevFpGxwdbqcmQbNZAikqqRPBRRZP8 | BTC: 17tuXyRsDEBQrZT99JGsubb6N8sh547XvX | ETH: 0x01E363B7aC2E78EFFa597B0D9eBC50775468C720 | LTC: LXjtkT4ukNqhrRQHufah3aQLqjuJpbZctT
1664914744
Hero Member
*
Offline Offline

Posts: 1664914744

View Profile Personal Message (Offline)

Ignore
1664914744
Reply with quote  #2

1664914744
Report to moderator
1664914744
Hero Member
*
Offline Offline

Posts: 1664914744

View Profile Personal Message (Offline)

Ignore
1664914744
Reply with quote  #2

1664914744
Report to moderator
1664914744
Hero Member
*
Offline Offline

Posts: 1664914744

View Profile Personal Message (Offline)

Ignore
1664914744
Reply with quote  #2

1664914744
Report to moderator
It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1664914744
Hero Member
*
Offline Offline

Posts: 1664914744

View Profile Personal Message (Offline)

Ignore
1664914744
Reply with quote  #2

1664914744
Report to moderator
1664914744
Hero Member
*
Offline Offline

Posts: 1664914744

View Profile Personal Message (Offline)

Ignore
1664914744
Reply with quote  #2

1664914744
Report to moderator
KryptoKoll.se
Newbie
*
Offline Offline

Activity: 29
Merit: 0


View Profile WWW
November 11, 2017, 05:59:51 PM
 #242

Everyone, as mentioned before about the new final APR, we are proposing the new final APR to be 1.337% as oppose to the originally planned 13.37% in order to keep coin supply in check and improve coin value. We would like to hear from you all as your opinion matters. Polls are open here and on Twitter https://twitter.com/1337CoinUpdates/status/929404710745989124
I voted for the lower APR, it seems better in the long run as it will hopefully help the value increase.
CryptoTux
Newbie
*
Offline Offline

Activity: 17
Merit: 26


View Profile
November 11, 2017, 06:11:35 PM
 #243

Everyone, as mentioned before about the new final APR, we are proposing the new final APR to be 1.337% as oppose to the originally planned 13.37% in order to keep coin supply in check and improve coin value. We would like to hear from you all as your opinion matters. Polls are open here and on Twitter https://twitter.com/1337CoinUpdates/status/929404710745989124

I'd personally vote for the final APR to be 1.337%, provided that it was followed by a significant decrease in circulating supply through, say, burning. I believe that's the only way 1337 can increase in value, since applying only a low interest rate wouldn't affect the price much because the circulating supply would still be too high for the value to appreciate.
Nuad
Newbie
*
Offline Offline

Activity: 23
Merit: 0


View Profile
November 11, 2017, 09:44:52 PM
Last edit: November 12, 2017, 12:28:12 AM by Nuad
 #244

And what about an intermediate value as it mentioned more or less in a twitter message like 7.331%? 1.337% is too low to consider 1337 POS imho and new people won't stake this surely. Even the old final APR is already low, the final new one benefits only those who have been here since the beginning practically (I'm relatively new unfortunately). Unless the coin considers a different course with a new protocol and/or a rebranding at least (I truly believe 1337 needs the last asap). A viable ideas to improve the coin value are maybe set up masternodes and burn the coins wich are in old wallets. Idk what are you thinking exactly to improve the project dev, but in my opinion 1.337% is insanely low... I disagree. Thank you for asking this to the community.
paramind22
Hero Member
*****
Offline Offline

Activity: 2156
Merit: 524


View Profile WWW
November 11, 2017, 10:06:42 PM
 #245

Without a somewhat high percentage rate, a lot of those who love staking will be less attracted to it.  1.337% a year is really like saying nothing.

nappsuelze
Member
**
Offline Offline

Activity: 161
Merit: 19


View Profile
November 12, 2017, 11:09:40 AM
 #246

Without a somewhat high percentage rate, a lot of those who love staking will be less attracted to it.  1.337% a year is really like saying nothing.

I tend to agree with that. Also I think 13 % could be controlled in the long run. With regular burning events or burning connected to the FAH payouts it shouldn't be a problem to decrease the supply by that amount per year.

2bfree
Sr. Member
****
Offline Offline

Activity: 686
Merit: 251


I'm investigating Crypto Projects


View Profile WWW
November 12, 2017, 05:22:29 PM
 #247

Why is this coin stuck at few sat for such a long time?

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
>>FREE SEO AUDIT/WHITE LABEL MAKE MONEY!<<
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
xenonflux (OP)
Sr. Member
****
Offline Offline

Activity: 476
Merit: 259



View Profile WWW
November 12, 2017, 05:37:34 PM
 #248

And what about an intermediate value as it mentioned more or less in a twitter message like 7.331%? 1.337% is too low to consider 1337 POS imho and new people won't stake this surely. Even the old final APR is already low, the final new one benefits only those who have been here since the beginning practically (I'm relatively new unfortunately). Unless the coin considers a different course with a new protocol and/or a rebranding at least (I truly believe 1337 needs the last asap). A viable ideas to improve the coin value are maybe set up masternodes and burn the coins wich are in old wallets. Idk what are you thinking exactly to improve the project dev, but in my opinion 1.337% is insanely low... I disagree. Thank you for asking this to the community.

Hi...i totally see your point and regarding coin taking different course..that will happen (thats all i can say for now Smiley ). Regarding burning the coins, yeah thats a great option and we tried couple of things to take it further but it didnt succeed. Ofcourse, people want to burn coins but not their own and though some rarely do, supply keeps growing. Hence, the new final APR proposal. But again, we are letting people to decide so make sure you vote. Thank you.

Elite Coin | Donate to support development
1337: LeetDevFpGxwdbqcmQbNZAikqqRPBRRZP8 | BTC: 17tuXyRsDEBQrZT99JGsubb6N8sh547XvX | ETH: 0x01E363B7aC2E78EFFa597B0D9eBC50775468C720 | LTC: LXjtkT4ukNqhrRQHufah3aQLqjuJpbZctT
dzveri
Newbie
*
Offline Offline

Activity: 11
Merit: 0


View Profile
November 12, 2017, 06:06:17 PM
 #249

Could implementing of Masternodes help the coin? Most of us maybe will prefer to lock their coins if it's worth it. Roll Eyes
Nuad
Newbie
*
Offline Offline

Activity: 23
Merit: 0


View Profile
November 12, 2017, 11:11:48 PM
 #250

Hi...i totally see your point and regarding coin taking different course..that will happen (thats all i can say for now Smiley ). Regarding burning the coins, yeah thats a great option and we tried couple of things to take it further but it didnt succeed. Ofcourse, people want to burn coins but not their own and though some rarely do, supply keeps growing. Hence, the new final APR proposal. But again, we are letting people to decide so make sure you vote. Thank you.

Thank you for your reply dev, I thought there's coins losted in old wallets capable to be burned cuz you're right, no one who actually follow the project currently will want to burn theirs. I believe the 7.331% as a final APR can be managed and will be an intermediate between those who want the new one and the others who are agree with the old. If still seems a very high ratio to you, consider somewhat like 3.731 ~ 5%. Honestly I cannot vote because I think 1.337% is too low and 13.37% is high for this mature POS coin seeing it through your point of view.

For the rest, I'm glad to read the coin will improve. I hope you and your team consider it, regards
vella85
Hero Member
*****
Offline Offline

Activity: 1862
Merit: 590


★Bitvest.io★ Play Plinko or Invest!


View Profile WWW
November 12, 2017, 11:35:43 PM
 #251

I don't see a problem with the new suggested interest rate as a similar coin in ZEIT went down the path of a low rate and look at what that coin has been able to achieve. Its price has been holding steady for many months now since dropping to a lower rate. Its not always about the rate that a coin is giving but what the coin has to offer in the way of future developments which I believe 1337 coin has. We just need to be patient as I believe 1337 coin will do well in the long term.



.
.BIG WINNER!.
[15.00000000 BTC]


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████

▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░████
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████

██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░

██░▄▄▄▄░████▄▄██▄░░░░
████████████▀▀▀▀▀▀▀██
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄

██░████████░███████░█
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████

▀████████████████████▀




Rainbot
Daily Quests
Faucet
nappsuelze
Member
**
Offline Offline

Activity: 161
Merit: 19


View Profile
November 13, 2017, 07:18:12 AM
 #252

I don't see a problem with the new suggested interest rate as a similar coin in ZEIT went down the path of a low rate and look at what that coin has been able to achieve. Its price has been holding steady for many months now since dropping to a lower rate. Its not always about the rate that a coin is giving but what the coin has to offer in the way of future developments which I believe 1337 coin has. We just need to be patient as I believe 1337 coin will do well in the long term.

Believing in a coin is one thing, but that just means I don't sell it.
I think what has been overlooked so far is the network stability. If the APR is too low, people will stop leaving there wallets permanently open for staking. That might be really bad for the network itself...

kellog9000
Member
**
Offline Offline

Activity: 224
Merit: 12

Pls Donate Merit :)


View Profile WWW
November 14, 2017, 09:36:59 AM
 #253

Coinexchange how long maintance?Huh fck the system...

All wallets are good!

Coinexchange the highest BTC... grrrrrr  interesting Angry Angry

discrimination disgusting rats.... Angry

NEW EXCHANGE TRADE NOW!

BTC XMR LTC DOGE pair! https://goo.gl/1jAGw1  BTC XMR LTC DOGE pair!
titteringtacos
Sr. Member
****
Offline Offline

Activity: 486
Merit: 250


View Profile
November 14, 2017, 03:31:32 PM
 #254

I don't see a problem with the new suggested interest rate as a similar coin in ZEIT went down the path of a low rate and look at what that coin has been able to achieve. Its price has been holding steady for many months now since dropping to a lower rate. Its not always about the rate that a coin is giving but what the coin has to offer in the way of future developments which I believe 1337 coin has. We just need to be patient as I believe 1337 coin will do well in the long term.

Same here as well. It don't bother me if the interest rate will be 1.337%. What is the most important is the development behind the coin and the community that support it. 1337 coin has been here for a long time and sustaining its value on a current price of bitcoin is not bad. I will still be staking my coin and I will still continue to support this coin. Patience is a virtue and the ones with patience are the ones who enjoy the fruit of their patience at the end. Cheers
riskthebiscuit
Sr. Member
****
Offline Offline

Activity: 518
Merit: 252



View Profile
November 14, 2017, 05:22:45 PM
 #255

Everyone, as mentioned before about the new final APR, we are proposing the new final APR to be 1.337% as oppose to the originally planned 13.37% in order to keep coin supply in check and improve coin value. We would like to hear from you all as your opinion matters. Polls are open here and on Twitter https://twitter.com/1337CoinUpdates/status/929404710745989124

I'd personally vote for the final APR to be 1.337%, provided that it was followed by a significant decrease in circulating supply through, say, burning. I believe that's the only way 1337 can increase in value, since applying only a low interest rate wouldn't affect the price much because the circulating supply would still be too high for the value to appreciate.

I myself too voted for the lower APR as it seems like it will be easier to manage and a burnoff would not be a bad idea neither. Also dont know if this has been raised but it seems like coinmarketcap

is way off as it has 6k for daily volume but only 4k for a marketcap for 1337. I thought our mcap was around 2 million? Nice to see we are at 2 sats though that is a great comeback!
gawlea
Hero Member
*****
Offline Offline

Activity: 756
Merit: 579



View Profile
November 14, 2017, 09:27:00 PM
 #256

well voted for the 13.37% because i think 1.337% is too low to be attractive to stake this coin, if was pow/pos was a good move to set the apr to this low but is only pos and we need stakers to keep the network moving.
JustMe22
Full Member
***
Offline Offline

Activity: 297
Merit: 102



View Profile
November 14, 2017, 09:44:09 PM
 #257

well voted for the 13.37% because i think 1.337% is too low to be attractive to stake this coin, if was pow/pos was a good move to set the apr to this low but is only pos and we need stakers to keep the network moving.

Agree 100% but voted for the lowest amount, because I think this is the way to follow and I think that the team can lower the APR to 1.337% and implement masternodes in the future, to pay more APR to the mn holders and also to freeze some coins from the market. This will increase for sure the value of the coin. Just my 2 cents!
CaptainMAD
Member
**
Offline Offline

Activity: 90
Merit: 10


View Profile
November 14, 2017, 11:05:38 PM
 #258

No buy orders on Cryptopia for a while now, only sell.    Unless things change I can see the 1337/BTC market being removed and only the 1337/DOGE market remaining.   Which will not help the coin.  :-/
Babidi
Newbie
*
Offline Offline

Activity: 48
Merit: 0


View Profile
November 14, 2017, 11:46:03 PM
 #259

Hi guys what are the plans for this coin ?

Thank you
nappsuelze
Member
**
Offline Offline

Activity: 161
Merit: 19


View Profile
November 15, 2017, 12:37:08 PM
 #260

Hi guys what are the plans for this coin ?

Thank you

You can check out the roadmap here: https://www.1337coin.net/roadmap
New things are being prepared and I assume they will be published there.

Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 [13] 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!