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Question: How many BottleCaps do you own?
None - 86 (39.8%)
1-1k - 29 (13.4%)
1k-10k - 27 (12.5%)
More than 10k - 74 (34.3%)
Total Voters: 216

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Author Topic: Bottlecaps 2.1 UPDATE REQUIRED - HARDFORK JULY 4 2014 to 200% Annual PoS  (Read 339617 times)
presstab
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June 26, 2014, 02:15:31 AM
 #2301

This POS rate is insane.

From a prior post:

Moving to 200% yearly degrading will give people a reason to mine and hold this coin again. It fill the niche perfectly.

Very low 1-5% PPC,BC, AC, WC and a few others (CAPS Current)
Low        25-50% Mint, PHS
Mid         100% HBN, NVC
******  200% CAPs ******
Very High 500% TEK.

Plus the 200% is diminishing and has a max payout if I understand correctly.

diminishing? how's that? isn't it the same as in HoboNickels' case but instead of 2% per 10 days 4%?

Both are based on NVC code where as the staking difficulty rises the % of stake reward goes down. So it can fluctuate up and down. 200% is base and 1% is min.   

 Also this is 15 days for min weight.

It seems to me that there is still a bit of a mystery about how sensitive PoS difficulty is to network stake weight. At this point I wonder if HBN or other coins with no max subsidy will ever change the reward. As for CAP it is much more likely because the network stake rate will have tremendous pressure to grow over time due to the maximum subsidy and the targeted 1440 blocks per day.  I am very curious to find out exactly how the network stake rate translates to PoS difficulty.

Keep up the good work Tranz, thanks for taking care of the CAP community!

Projects I Contribute To: libzerocoin | Veil | PIVX | HyperStake | Crown | SaluS
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Jamesco
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June 26, 2014, 03:28:29 AM
 #2302

Sent a small amount of btc at the allcoin voting address. https://blockchain.info/address/1HxZUXA5E4sAZtRvCPDzKkLXb8iB5EoBqE

I suggest everyone send an amount even if it is small.

Hey guys,

Cap is in 9th place on allcoin, so I wanted to say great job on the voting so far!
Voting ends really soon on Friday and taking on from presstab's lead I wanted to get a few people to chip in to get Cap listed on another exchange(Cryptsy's been a bit slow on updates so far). We only need 4 people (3 including myself) to chip in the same small amount as presstab and we will be in top place. I will be willing to throw in 0.05 if anyone else is with me?

 If you can't donate any btc(any small amount helps) don't stress, you can still help out greatly by jumping on and voting every hour at this link below and voting for CAP:

https://www.allcoin.com/vote

Cheers


defaced
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June 26, 2014, 03:59:28 PM
 #2303

I'll have a caps pool up as soon as it gets done syncing Cheesy

 www.dirtydiggers.org come mine with us Cheesy

Fortune Favors the Brave
Borderless CorpEXPANSETokenlabEXREXP.LIFEFranko Is Freedom
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June 27, 2014, 09:52:28 AM
 #2304

Sorry guys, I just worked it out. Turns out my maths was wrong. 0.05btc gets 100 votes not 500, my bad. Anyway I'll throw in 0.05 for good luck and hopefully next week we can make the top 5.
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June 27, 2014, 03:55:02 PM
 #2305

Woooot! Someone found a Caps block on dirtydiggers.org Cheesy Send some more hashpower!

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rel-oad
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June 28, 2014, 02:21:32 PM
 #2306

Less than a week until new PoS kicks in. On 4 July will everyone start with 0 weight or will current accrued weight count on fork date?

Be interesting to see what happens with the price in a months' time. Truckcoin is the only other PoS coin running at 200% PoS and trading at 500-1000 satoshis, with double the coins of Bottlecap. Seems its a good pair buy with some CAP.
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June 28, 2014, 05:49:54 PM
 #2307

Less than a week until new PoS kicks in. On 4 July will everyone start with 0 weight or will current accrued weight count on fork date?

Be interesting to see what happens with the price in a months' time. Truckcoin is the only other PoS coin running at 200% PoS and trading at 500-1000 satoshis, with double the coins of Bottlecap. Seems its a good pair buy with some CAP.

Weight will not reset, it will go up, and more coins will become eligible as well, since the start date moves up by 15 days.

HBN: https://bitcointalk.org/index.php?topic=303749.0 hobonickels.info
Personal Donations: F1TranzWqFGZyFeTMu6iLbtTQgdXuJPsiL
Donations to the HBN Fund: EhbNfund4PrRFLHMxsnbGLhP25hizJGHEE or 1LVFtCX4a83dMLjd8S7imKKKC58QaG83kw
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June 29, 2014, 10:21:54 PM
 #2308

200% PoS? how did I miss this one? lol

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
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June 30, 2014, 09:54:28 AM
 #2309

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tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
YoyodyneSystems
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July 01, 2014, 05:58:37 AM
 #2310


I have been buying CAP up for the last few weeks.
I expect some nice price increases and more people finding out about Bottlecaps this month.

You guys have done a great job giving this coin a new lease on life.
raskul
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July 01, 2014, 09:40:33 AM
 #2311


I have been buying CAP up for the last few weeks.
I expect some nice price increases and more people finding out about Bottlecaps this month.

You guys have done a great job giving this coin a new lease on life.

i've ordered a couple of zeus blizzards, looking forwards to the hard fork and getting me some bottlecaps  Grin

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
Tranz
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July 02, 2014, 12:04:42 AM
 #2312

I think this will be the first I am looking forward to July 4th, since being a child. Although the fireworks will be a bit different this time.  Grin





HBN: https://bitcointalk.org/index.php?topic=303749.0 hobonickels.info
Personal Donations: F1TranzWqFGZyFeTMu6iLbtTQgdXuJPsiL
Donations to the HBN Fund: EhbNfund4PrRFLHMxsnbGLhP25hizJGHEE or 1LVFtCX4a83dMLjd8S7imKKKC58QaG83kw
presstab
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July 02, 2014, 05:57:12 AM
 #2313

I think this will be the first I am looking forward to July 4th, since being a child. Although the fireworks will be a bit different this time.  Grin


I am excited, and ready to set my reserve balance from true to false.

In anticipation I have added several fresh peers to seed.bottlecaps.org so that everyone can connect easier.

Projects I Contribute To: libzerocoin | Veil | PIVX | HyperStake | Crown | SaluS
presstab
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July 03, 2014, 02:37:03 AM
 #2314

The new poll is great  Cheesy

Projects I Contribute To: libzerocoin | Veil | PIVX | HyperStake | Crown | SaluS
raskul
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July 03, 2014, 03:45:30 AM
 #2315

The new poll is great  Cheesy

i'm a lowly number  Undecided

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
rgm108
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July 03, 2014, 08:09:50 AM
 #2316


I have been buying CAP up for the last few weeks.
I expect some nice price increases and more people finding out about Bottlecaps this month.

You guys have done a great job giving this coin a new lease on life.

i've ordered a couple of zeus blizzards, looking forwards to the hard fork and getting me some bottlecaps  Grin

Can you suggest a reliable vendor?

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crypto_chellie
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July 03, 2014, 02:45:38 PM
 #2317


I have been buying CAP up for the last few weeks.
I expect some nice price increases and more people finding out about Bottlecaps this month.

You guys have done a great job giving this coin a new lease on life.

i've ordered a couple of zeus blizzards, looking forwards to the hard fork and getting me some bottlecaps  Grin

Can you suggest a reliable vendor?

I have ordered through Gawminers with no problems but I only have 5 of the fury miners.  They do have a new 500+ mh/s miner that will be coming out in October/November.
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July 03, 2014, 02:47:57 PM
 #2318


I have been buying CAP up for the last few weeks.
I expect some nice price increases and more people finding out about Bottlecaps this month.

You guys have done a great job giving this coin a new lease on life.

i've ordered a couple of zeus blizzards, looking forwards to the hard fork and getting me some bottlecaps  Grin

Can you suggest a reliable vendor?

I have ordered through Gawminers with no problems but I only have 5 of the fury miners.  They do have a new 500+ mh/s miner that will be coming out in October/November.

my order is coming from minerseu

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
FlungSpun
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July 03, 2014, 06:05:55 PM
 #2319

Are we forking at midnight UTC or is there a set time/ block number during the day ?
Apols if this is in the info already. Just getting excited Cheesy
Tranz
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July 03, 2014, 07:10:42 PM
 #2320

Are we forking at midnight UTC or is there a set time/ block number during the day ?
Apols if this is in the info already. Just getting excited Cheesy

The code is set for 07/04/2014 07:04:14 GMT. So that is approx 3am EST or about 12 hours from now.

HBN: https://bitcointalk.org/index.php?topic=303749.0 hobonickels.info
Personal Donations: F1TranzWqFGZyFeTMu6iLbtTQgdXuJPsiL
Donations to the HBN Fund: EhbNfund4PrRFLHMxsnbGLhP25hizJGHEE or 1LVFtCX4a83dMLjd8S7imKKKC58QaG83kw
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