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Author Topic: [ANN] {CredenceCoin} - CRDNC - Lending-Staking-Referrals-Mining  (Read 125242 times)
credencecoin (OP)
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October 22, 2017, 01:05:08 AM
 #661

Hi all, just an update,

Thank you to all who participated in the CredenceCoin Pre-Sale, we are catching up with payments & emails and are working through them ASAP.

Thank You

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Caporale
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October 22, 2017, 02:00:10 AM
 #662

Hi all, just an update,

Thank you to all who participated in the CredenceCoin Pre-Sale, we are catching up with payments & emails and are working through them ASAP.

Thank You

Can someone explain what I need to do for staking. Have the coins for 2 days and nothing

https://www.screencast.com/t/ibtEXBC5l

Belligerent Fool
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October 22, 2017, 02:14:33 AM
 #663

Hi all, just an update,

Thank you to all who participated in the CredenceCoin Pre-Sale, we are catching up with payments & emails and are working through them ASAP.

Thank You

Can someone explain what I need to do for staking. Have the coins for 2 days and nothing

https://www.screencast.com/t/ibtEXBC5l



That's so helpful man Roll Eyes Why blur out your balance or not even hover your mouse over the staking button (Little up button to the bottom right) so we can see your weight compared to the network weight and help you.
greatk
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October 22, 2017, 02:17:48 AM
 #664

Since the past two days, my staking reward has reduced so much. are other people experiencing this as well?

didi-man
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October 22, 2017, 02:31:21 AM
 #665

How to get 20% coin / year ?  
By staking your Credence Coins.


From what I understand 20%  theoretical return on investment assumes your machine is on all the time for a year. If your computer is is running half that time then it will be 10%

Can you stake on  android app and how it affects battery?


It would be the best if  Credence coin new website offers staking  functionality, one stop shop where you can exchange, lend and stake.



.

 

Ph371
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October 22, 2017, 02:48:04 AM
 #666

Since the past two days, my staking reward has reduced so much. are other people experiencing this as well?

I have the same problem.
It said 7 days, then 1 day then go back again to 4 days.
It's a long wait  Huh
SETTA
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October 22, 2017, 03:17:15 AM
 #667

Since the past two days, my staking reward has reduced so much. are other people experiencing this as well?

I have the same problem.
It said 7 days, then 1 day then go back again to 4 days.
It's a long wait  Huh

The more coins you own compared to total coins then the more you stake, even if you stake once a week you still get the same amount as staking little bits all every day.
adu1t
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October 22, 2017, 03:33:41 AM
 #668

Oh that was very risky investment but I bought CRDNCes.
I've never participated in ICO with anonymous team but this one was very interesting.
Belligerent Fool
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October 22, 2017, 04:12:38 AM
 #669

How to get 20% coin / year ?  

Leave your coins for a year, you can even not open the wallet for a year and then open it and it would have gained enough weight over that period of time to stake fairly quickly + earn 20% interest on that inputs balance.
jepblack
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October 22, 2017, 04:50:54 AM
 #670

Staking still on? I can't seem to get any for the past 48 hours
Hi jep,

Have you encrypted your wallet and unlocked it?

Yeah, I have it both encrypted and unlocked. I have actually received my staking for 17,18,19th of October and since then until now, none.
AltcoinWhispers
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October 22, 2017, 05:16:47 AM
 #671

Staking still on? I can't seem to get any for the past 48 hours
Hi jep,

Have you encrypted your wallet and unlocked it?

Yeah, I have it both encrypted and unlocked. I have actually received my staking for 17,18,19th of October and since then until now, none.

That means that when you stake it will be all those days you missed out on combined Wink Smiley
LightArena
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October 22, 2017, 05:24:14 AM
 #672

How to get 20% coin / year ?  

Leave your coins for a year, you can even not open the wallet for a year and then open it and it would have gained enough weight over that period of time to stake fairly quickly + earn 20% interest on that inputs balance.

What do you mean? ,  for staking the wallet need to be open 24 hours....
why do you say that he can keep the wallet close?


Didn't you know that even when you don't leave your wallet open it gains staking weight, stake weight is what determines how quickly you can stake compared to the networks weight, the networks weight is everybody else's individual coins weight combined that you are up against, the more coins one has the better, the longer you wait means you won't be missing out on anything besides seeing it say "You minted a block with this fraction of a percentage" instead of it being in a lump sum, staking secures the network when you leave it on, staking is like mining, you are solving problems with your coins weight, you could have hardly any coins and get lottery lucky and stake a lot or you could have the same amount of coins and only stake a couple of times or not at all.

The more coins you own, the faster you will stake and more consistently depending on how many other people are trying to stake at the same time.

When someone stakes then the network weight goes down but in turn other weight might build and bring it up again, it's a cat and mouse game.

Don't trust those in wallet stake time estimations either, they are all wonky and incorrect.
raynman
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October 22, 2017, 05:43:05 AM
 #673

How to get 20% coin / year ?  

Leave your coins for a year, you can even not open the wallet for a year and then open it and it would have gained enough weight over that period of time to stake fairly quickly + earn 20% interest on that inputs balance.

What do you mean? ,  for staking the wallet need to be open 24 hours....
why do you say that he can keep the wallet close?

Doesn't his nick tells us something?  Grin
Ph371
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October 22, 2017, 05:43:30 AM
 #674

How to get 20% coin / year ?  

Leave your coins for a year, you can even not open the wallet for a year and then open it and it would have gained enough weight over that period of time to stake fairly quickly + earn 20% interest on that inputs balance.

What do you mean? ,  for staking the wallet need to be open 24 hours....
why do you say that he can keep the wallet close?


Didn't you know that even when you don't leave your wallet open it gains staking weight, stake weight is what determines how quickly you can stake compared to the networks weight, the networks weight is everybody else's individual coins weight combined that you are up against, the more coins one has the better, the longer you wait means you won't be missing out on anything besides seeing it say "You minted a block with this fraction of a percentage" instead of it being in a lump sum, staking secures the network when you leave it on, staking is like mining, you are solving problems with your coins weight, you could have hardly any coins and get lottery lucky and stake a lot or you could have the same amount of coins and only stake a couple of times or not at all.

The more coins you own, the faster you will stake and more consistently depending on how many other people are trying to stake at the same time.

When someone stakes then the network weight goes down but in turn other weight might build and bring it up again, it's a cat and mouse game.

Don't trust those in wallet stake time estimations either, they are all wonky and incorrect.

So the conclusion is that I don't have to open my wallet to gain coin? I think I have some problems in reading comprehension Grin.

So far, I encypt my wallet ==> open it ==> make wallet online (connect to internet, don't shut down the computer) ==>stalking.
didi-man
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October 22, 2017, 06:08:46 AM
 #675



Wallet can not  be closed if you want to earn coins by staking, it must be unlocked 24/7 /365 with computer running if you want full 20% a year

Crypto Kong
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October 22, 2017, 06:27:56 AM
 #676

How to get 20% coin / year ?  

Leave your coins for a year, you can even not open the wallet for a year and then open it and it would have gained enough weight over that period of time to stake fairly quickly + earn 20% interest on that inputs balance.

What do you mean? ,  for staking the wallet need to be open 24 hours....
why do you say that he can keep the wallet close?


Because contrary to popular believe you don't need to have your PC running 24/7.
Your coins gain weight regardless...
It only solves a block though if it is running.
So if you leave your coins to gain weight and turn your PC on later down the line, you will get most of your rewards over that year all at once based on your weight.
btcriver
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October 22, 2017, 06:52:39 AM
 #677

 Huh It looks the weight doesn't get enough to have release of staking coins, I am staking 500 CRDNC coins for 48hours,still nothing and the days left always fluctuating and not reaching the current time. whats the minimum amount to start staking? http://
CryptoLoveLife
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October 22, 2017, 06:53:36 AM
 #678

How to get 20% coin / year ?  

Leave your coins for a year, you can even not open the wallet for a year and then open it and it would have gained enough weight over that period of time to stake fairly quickly + earn 20% interest on that inputs balance.

What do you mean? ,  for staking the wallet need to be open 24 hours....
why do you say that he can keep the wallet close?


Because contrary to popular believe you don't need to have your PC running 24/7.
Your coins gain weight regardless...
It only solves a block though if it is running.
So if you leave your coins to gain weight and turn your PC on later down the line, you will get most of your rewards over that year all at once based on your weight.

this actually happen to me when i opend my wallet being closed for 4 hours by accadent i got a few tranactions
Agryos
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October 22, 2017, 07:17:21 AM
Last edit: October 22, 2017, 10:46:25 AM by Agryos
 #679

I think that I will stop staking by letting my wallet open and online 24/24.
It's been 4 complete days since I started staking my 1000 coin and no reward since then.
Crypto Kong
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October 22, 2017, 07:45:06 AM
 #680

Anybody who missed the ICO and wants to pick up a few Credence Coins at what we believe it will enter the market at can contact me here:

https://discord.gg/g5jFXge

This is our active DISCORD COMMUNITY CHAT and all are welcome to join!
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