brazilman37
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Activity: 399
Merit: 250
onwards and upwards
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December 30, 2017, 12:11:30 PM |
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hey guys, how monk do i need to receive stake daily? thx, Brazilman37 BTCHow is this an issue when MONK is pretty much working perfectly for everyone? Dev already said there's updates coming Q1 2018 like Masternodes and other stuff, staking is working well and most people are getting plenty of rewards since the new ROI system was implemented. I hate when people try to create FUD out of nothing, just ridiculous, I bet you are mad because you dumped way too early, sorry that your lack of patience killed you. I never owned a single piece of MONK  I wanted to buy today, but before I buy something I check very carefully github. Whatever. I'm very happy with $MONK I already made my initial investment back, I'm staking a lot everyday, over 40 $MONK today that's over $110 in 24 hours for just leaving my wallet open, if there's anyone looking to buy now it's a great time before take off  |
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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appiivenkii
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Activity: 270
Merit: 10
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December 30, 2017, 12:39:45 PM |
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UPDATE FROM POS MONKEY
Paid YoBit listing Fee (again) Hope they list $MONK this time soon..
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sonic07
Newbie
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Activity: 46
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December 30, 2017, 01:30:01 PM |
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I just recently bought a few $MONK and would like to know if having a small amount of 34 $MONKS get some staking rewards? is it even enough to stake? I just downloaded the wallet and am thinking of moving my balance from cryptopia. I am also waiting for a nice entry to buy some more. any help or advice would be great. Thanks
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appiivenkii
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Activity: 270
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December 30, 2017, 05:24:26 PM |
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I just recently bought a few $MONK and would like to know if having a small amount of 34 $MONKS get some staking rewards? is it even enough to stake? I just downloaded the wallet and am thinking of moving my balance from cryptopia. I am also waiting for a nice entry to buy some more. any help or advice would be great. Thanks
You can stake with the amt of coins u have but u cant expect to receive daily stakes ...200-300 $MONK u can expect daily stakes ..As MONK wallet is having an UNIQUE ROI structure and daily there are super and ultra blocks randomly...so its good to get stakes daily so chance are high to hit super/ultra blocks.. Myself have 2 inputs ...By so far for 1 week i have received 4 super and 1 ultra block.. |
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bb3000
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December 31, 2017, 12:38:29 AM |
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Beyond PoS reward system that is quite unique, what are the features that make MONK stand out from other PoS/other Masternodes (when it will be one)? = Where is coin's uniqueness?
Not spreading FUD or other, I'm just thinking big, hoping to see it on top 100 coins one day.
Thanks in advance
Bump |
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dennypool
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December 31, 2017, 12:10:29 PM |
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hi, I have a problem, when try to sync the wallet, everything is fine but then crashes to 1 block remaning, it remains only 1 block but loading is freeze? solutions ?? thanks  |
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appiivenkii
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Activity: 270
Merit: 10
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December 31, 2017, 12:58:30 PM |
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hi, I have a problem, when try to sync the wallet, everything is fine but then crashes to 1 block remaning, it remains only 1 block but loading is freeze? solutions ?? thanks If you have sync issues: 1. Download this files: https://drive.google.com/file/d/1OFloCiZnlu2vWXWaVqND8PzYJmWNknSz/view?usp=sharing2. Backup your wallet.dat 3. Clear everything except wallet.dat 4. Put in files from zip and restart wallet. |
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dennypool
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December 31, 2017, 01:18:55 PM |
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Thanks work  ----- I had a question, I do not understand a thing, but this coin is pos and pow, but to have rewards I have to undermine? or for example staking 100 coin and I have rewards every day? without ever undermining? thank you |
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remol
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Activity: 378
Merit: 103
Revolutionising Marketing and Loyalty
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December 31, 2017, 02:53:00 PM |
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Beyond PoS reward system that is quite unique, what are the features that make MONK stand out from other PoS/other Masternodes (when it will be one)? = Where is coin's uniqueness?
Not spreading FUD or other, I'm just thinking big, hoping to see it on top 100 coins one day.
Thanks in advance
Bump Bump? Sorry man didn't get you Anyway, still waiting for an answer of some MONK early bird. Thanks |
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dennypool
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December 31, 2017, 05:58:09 PM |
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hey, I realized that to calculate the time for rewards on staking, we need to divide the total weight network, divided by "my" weight, ie the coins I own. but where can I see the weight of the network, for example of this coin? MONK? I found the difficulty of POW and POS but how do I calculate this? thank you |
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vilgreg
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December 31, 2017, 09:11:15 PM |
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I think the exact calculations will be rounding the ROI% defined as in the script but if you are staking on a pool it will be much higher as you are gathered with other members in the same pool, bringing more weight and contributing more to the network. Thus, you actually might be rewarded more than else staking alone (or more than double if you left the coins staking on the exchange). You can join a really good and newly created pool (4 weeks old) but fully functional and VERY user friendly https://stakeunited.com/vilgreg (they also work with referrals, so each time a member joins through your link and gains stakes, you'll be receiving a part of the fees that the Pool owners would be receiving (I think 10% of 3% of the fees). Hope I've helped |
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brazilman37
Sr. Member
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Activity: 399
Merit: 250
onwards and upwards
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January 01, 2018, 12:14:39 PM |
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from my experience here is my take on it: i tried to stake on exchange such as coinmarkets and here is what i noticed; 1. i had one coin that paid out on average 3.2% per day according to others input in forums. and i got that on my personal wallet, but on coinmarkets i got 1.3% or less and not daily, once in a while i would not get stake. 2.if you leave your coin staking on exchange you are attheir mercy. meaning if the exchange takes their wallet offline for blockchain issues or whatnot you will have to wait till the issue is resolved. and if it never gets resolved your coin is stuck. As for using a group staking site there are several, the most recent one is constantly upgrading their services which is good but seems they focus 90% of attention on that and rest on customer service. withdrawals and deposits are done manually which means could take at least 24 hours to get your coin out. I will say the newest exchange is showing great promise, they have the best payout rates and pretty reliable. The last is just placing your wallet in a VPS, if you go this route make sure you make your password very complex and change it often. but this imo is the best way to have complete control of your coin. as for not getting such good rates on staking? i havent seen that yet and ive had as many as 24 different coins staking at once in my VPS. ultimately, the choice is yours so do your due diligence and remember dont invest what you cant afford to lose. Brazilman37 BTCI think the exact calculations will be rounding the ROI% defined as in the script but if you are staking on a pool it will be much higher as you are gathered with other members in the same pool, bringing more weight and contributing more to the network. Thus, you actually might be rewarded more than else staking alone (or more than double if you left the coins staking on the exchange). You can join a really good and newly created pool (4 weeks old) but fully functional and VERY user friendly https://stakeunited.com/vilgreg (they also work with referrals, so each time a member joins through your link and gains stakes, you'll be receiving a part of the fees that the Pool owners would be receiving (I think 10% of 3% of the fees). Hope I've helped |
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bitcoin-pizza
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Activity: 63
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January 01, 2018, 02:59:11 PM |
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SYNC has problem again, another ultra block?
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ShrinivasM
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January 01, 2018, 04:50:29 PM |
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Hi,
This is my first wallet and I am facing issues since last week. Transfer 100 coins from cryptopia last week but they are not in wallet yet.
Also, wallet is always out of sync and showing status as synchronizing with the network.
Is there any way to get my coin in wallets and update the wallet status. I am currently on v1.4.1.0.
Please Help!!!!!!!
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brokk
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January 02, 2018, 12:50:47 AM |
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Hi,
This is my first wallet and I am facing issues since last week. Transfer 100 coins from cryptopia last week but they are not in wallet yet.
Also, wallet is always out of sync and showing status as synchronizing with the network.
Is there any way to get my coin in wallets and update the wallet status. I am currently on v1.4.1.0.
Please Help!!!!!!!
Mm not sure what this issue might be but you can join Discord and ask someone they will be able to help you https://discord.gg/wTaF6qZ |
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appiivenkii
Member
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Activity: 270
Merit: 10
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January 02, 2018, 04:49:38 AM |
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Hi,
This is my first wallet and I am facing issues since last week. Transfer 100 coins from cryptopia last week but they are not in wallet yet.
Also, wallet is always out of sync and showing status as synchronizing with the network.
Is there any way to get my coin in wallets and update the wallet status. I am currently on v1.4.1.0.
Please Help!!!!!!!
If you have sync issues: 1. Download this files: https://drive.google.com/file/d/1OFloCiZnlu2vWXWaVqND8PzYJmWNknSz/view?usp=sharing2. Backup your wallet.dat 3. Clear everything except wallet.dat 4. Put in files from zip and restart wallet. To get more regular updates join us on Discord ..You can DM me @appi in Discord for any help |
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zajiczech
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January 02, 2018, 02:07:01 PM |
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Just to confirm, I've downloaded the wallet and sent coins from Cryptopia. Wallet is synced and coins have arrived, so it works.
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cryptobounce
Copper Member
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Options traders turned Crypto trader for life.
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January 02, 2018, 04:30:48 PM |
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Great post! Learned something and confirmed my understanding of this update. |
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