bspus
Legendary
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Activity: 2165
Merit: 1002
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June 26, 2018, 01:10:51 PM |
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Bailed out, this is not a project for the average Joe if it needs to hold that large amounts of BWK.
While i could afford buying large stakes it doesn't make any sense in my opinion when the average joe doesn't see any purpose on staking his holdings. Seriously, i try nearly every promising POS project and this so far turned out to be one of the worst, including no visible expected staking time and/or network weight of own holdings.
Long story short, i have my doubts that this project can achieve any kind of wider adoption than some big stake holders .... Anyway, good luck everybody ;-)
You don't need 5000, you can stake with just 500 or less, which right now costs less than 0.06 btc. What does it matter if you get 2 stakes a day of 1 bwk each or 1 stake of 20 bwk every 10 days? And right now, from what I hear, staking is even more profitable than masternode which is pretty decent itself. And I staked with about 300 coins yesterday, so i assure you, it happens.
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bravetheheat
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June 26, 2018, 01:28:53 PM |
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Do you think it's time to set up a masternode now?
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boxalex
Member
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Activity: 420
Merit: 13
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June 26, 2018, 01:48:49 PM |
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Bailed out, this is not a project for the average Joe if it needs to hold that large amounts of BWK.
While i could afford buying large stakes it doesn't make any sense in my opinion when the average joe doesn't see any purpose on staking his holdings. Seriously, i try nearly every promising POS project and this so far turned out to be one of the worst, including no visible expected staking time and/or network weight of own holdings.
Long story short, i have my doubts that this project can achieve any kind of wider adoption than some big stake holders .... Anyway, good luck everybody ;-)
You don't need 5000, you can stake with just 500 or less, which right now costs less than 0.06 btc. What does it matter if you get 2 stakes a day of 1 bwk each or 1 stake of 20 bwk every 10 days? And right now, from what I hear, staking is even more profitable than masternode which is pretty decent itself. And I staked with about 300 coins yesterday, so i assure you, it happens. screenshot? i seriously doubt you got a reward with 300 coins yesterday. I have 270 for months in my wallet and 0 reward since switch to POS. Don't missunderstand me, it's not a problem for me. It's a problem for the average joe and wider spread adoption. While we are all experienced here, the average Joe isn't. And here accures the problem. Average Joe that got into crypto and staking and doesn't see any reward for days and weeks .... Not good for sure, doesn't matter that after 1 year in theory he get all the rewards he could get. If you get every minutes/hours rewards, no matter if it's some 0.001 or whatever, you build thrust in the project, in the staking wallet, you see it works as intended and the average joe guy isn't worried any more. Damn, even if a crypto miner guy like me with big experience has some doubts if this one here is working as intended, what's left for the normal new guy to crypto? Nothing bad at all, every project decides his own where when with what how to go. BWK has choosen since somewhat strange staking path, so it be. For me personally it's doomed to fail, but that's just my personal opinion and i prefer other staking profits that actually daily reward at least once per 3 days for my network weight and where someone gets an idea when a reward will happen and not purely hidden like in the BWK wallet. I want to be confident for the long term that average users could/will/can adopt to a given project/idea and that it outperforms direct competitors and that's whay i'am missing here all the road down, not even mentioning cryptopia as the main exchange which is another problem as we all know.....
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Piston Honda
Legendary
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Activity: 2702
Merit: 1064
Juicin' crypto
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June 26, 2018, 01:56:49 PM |
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LOL this nigga is crying and whining over breadcrumbs worth of money, wtf?! seriously?! LMAO. you can't expect so much if you barely invest. there are people who trust this project with WAY WAY more money invested than you have, and you don't see them worrying/FUD'ing or complaining do you? so either stay/hold and shutup or invest more to get more out of it....OR sell and take your ass home.
the project and coin works well and is only improving from what i have seen/heard. the sell wall is thin and the coin supply is low...it hit freaking $16USD at its peak and is sub a buck now. do you not see how undervalued it is? it dumped just like 99% of all other coins but can and will go back up unlike many shit coins out there. if you cannot see that i feel sorry for you...yet again this site bring out the idiots LMAO. that's ok you can buy BWK from me back at $10+
though i DO wonder if splitting up MN with staking would work better? can anyone advise? of course the wallet can only do one or the other at a time...so prob have to choose. i saw some sliding "X" chart/graph before to explain why bwk does it this way and it does make sense after you understand it. but i admit i thought (think?) that MN should always pay much better than staking. how much is the difference here staking a few MN vs. staking 10k's of coin??
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$ADK ~ watch & learn...
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bspus
Legendary
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Activity: 2165
Merit: 1002
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June 26, 2018, 03:18:50 PM |
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screenshot? i seriously doubt you got a reward with 300 coins yesterday.
I'm sorry, I won't post a screenshot which can be faked anyway just to convince you. I could just post the address so you can check for yourself in the block explorer but I don't like making such info public. Actually, the address that staked had less than 300. It had about 180 at the time which was all masternode rewards from previous days. The rest of the coins were in another address and the collateral is locked so it is excluded from staking. It doesn't matter how many months you had those 270 coins as it cannot gain staking weight before staking goes live. I might have just been lucky but I'll just ask the obvious. You have your wallet running 24/7 and unlocked for staking, right?
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boxalex
Member
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Activity: 420
Merit: 13
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June 26, 2018, 04:04:08 PM |
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I might have just been lucky but I'll just ask the obvious. You have your wallet running 24/7 and unlocked for staking, right?
Yes, of course, 24/7 all the time, unlocked desktop wallet v1.3
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boxalex
Member
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Activity: 420
Merit: 13
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June 26, 2018, 04:29:42 PM |
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LOL this nigga is crying and whining over breadcrumbs worth of money, wtf?! seriously?! LMAO. Neither i'am a nigga nor crying and whining. I ask some valid questions and shared my doubts that the POS stystem is working good compared to others. Of course there are always peoples with blinkers/blinders all that desperate hope their penny coin gets to the moon, forgetting about real adoption, real use, whatever. you can't expect so much if you barely invest. there are people who trust this project with WAY WAY more money invested than you have, and you don't see them worrying/FUD'ing or complaining do you? Actually i had that amount from some mining still in my wallet as i totally forget allready about the Bulwark project, as i do with all that have only cryptopia/yobit as their main exchange. But when i heared about the POS i got intrigued again and remembered that i had some BWK coins laying around. Every idiot can invest in whatever he wants, some make even debts for it, gladly i'am not in such position and can share straight my thoughts about a given project. so either stay/hold and shutup or invest more to get more out of it....OR sell and take your ass home. Allready sold and actually if there wasn't your i would have allready deleted the bookmark to this topic as well. the project and coin works well and is only improving from what i have seen/heard. the sell wall is thin and the coin supply is low...it hit freaking $16USD at its peak and is sub a buck now. do you not see how undervalued it is? it dumped just like 99% of all other coins but can and will go back up unlike many shit coins out there. if you cannot see that i feel sorry for you...yet again this site bring out the idiots LMAO. that's ok you can buy BWK from me back at $10+ Feel sorry for me? No need, seriously. Every cryptopia/yobit coin is high risk. And actually you are right about the idiots, there are a lot of them, blinded by greed, desperate to such level that they have to cry FUD each time someone raises a normal concern/question/argument. You would fit perfectly into the XVG fan group, lol. And thx for the USD 10 buy back offer, lol. Good luck with that one, and cryptopia of course
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Eatbatterys (OP)
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June 26, 2018, 05:26:02 PM Last edit: June 26, 2018, 05:40:45 PM by Eatbatterys |
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@boxalex
We're sorry to see you go. I can understand your frustrations though you should keep in mind that a masternode's worth of coins (5,000bwk) is expected to receive on average 1 reward per day. So it's a little silly to be upset that 5% of what masternode collateral is wouldn't be getting massive rewards within 4 days of switching to PoS.
The people that have been patient and lucky have absolutely been receiving rewards with small amounts, some even smaller than what you were holding. A perfect example would be block 188,177 that just passed by in which a person staking 79bwk hit a PoS block. Profitability tends to not favor the impatient.
We wish you the best of luck in all your other investments/endeavors.
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Jeeperz74
Newbie
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Activity: 14
Merit: 0
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June 27, 2018, 02:58:10 AM |
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Is there a minimum in order to stake?
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bones261
Legendary
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Activity: 1806
Merit: 1827
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June 27, 2018, 03:04:39 AM |
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Is there a minimum in order to stake?
1 coin, all in the same utxo. However, it will probably take many years for 1 coin to get a stake, unless you get really lucky. If you have been mining, and getting many sub 1 coin payments, you may want to use coin control in your wallet to combine your utxo.
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AltScope
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June 27, 2018, 06:24:17 AM |
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... You should probably make a support ticket. But they process all stuck withdraws from time to time and your's seems to be a stuck one.
Response yesterday was that it didnt broadcast to the network they'll try again, 24 hours later its still processing lol just to let you guys know, been waiting 7 hours for a withdrawal from cryptopia. status "Processing" deposits are absolutely fine though
So withdrawals are a problem, but deposits are completely fine? Who would have thought that! You can deposit your coins no problem but when it comes to withdrawals, there are problems? Sounds like standard cryptopia. yea true I'm confident it'll be sorted though they've always sorted things out in the past
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bspus
Legendary
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Activity: 2165
Merit: 1002
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June 27, 2018, 07:34:39 AM |
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... You should probably make a support ticket. But they process all stuck withdraws from time to time and your's seems to be a stuck one.
Response yesterday was that it didnt broadcast to the network they'll try again, 24 hours later its still processing lol just to let you guys know, been waiting 7 hours for a withdrawal from cryptopia. status "Processing" deposits are absolutely fine though
So withdrawals are a problem, but deposits are completely fine? Who would have thought that! You can deposit your coins no problem but when it comes to withdrawals, there are problems? Sounds like standard cryptopia. yea true I'm confident it'll be sorted though they've always sorted things out in the past Cryptopia has such problems with many lower volume coins. Basically anything that is not btc, ltc, doge or similar. At least their support tickets have a category tailored to this so the ticket is easy to create and they do solve them. But that is one reason why I avoid cryptopia if I can and when I need to withdraw, I make sure its always one of the major coins
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robo2
Newbie
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Activity: 56
Merit: 0
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June 27, 2018, 01:03:21 PM |
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"Quote from: robo2 on June 17, 2018, 07:17:09 AM Hi. Why my masternode is mising all time(i start it couple times)? Can somebody paste all lines of bulwark.conf? For the vps wallet rpcuser= rpcpassword= port=52543 rpcallowip=127.0.0.1 externalip= server=1 daemon=1 listen=1 promode=1 masternode=1 masternodeprivkey= Fill in the missing values like IP and masternodeprivkey. You also need rpcuser and passwords to not be empty The local, controller wallet only needs rpcuser and rpcpassword If you are having trouble starting the masternode try startmasternode "all" 0 from the controller wallet, after you unlock it with passphrase If it can't start, make sure the masternode input is not locked by the wallet, that happens sometimes. Enable coin control, go to inputs (in send) and unlock the 5000 bwk. Then start the masternode again" Hi again After: Enable coin control, go to inputs (in send) and unlock the 5000 bwk + startmasternode "all" 0 masternode start first time and i earn 4 transactions but finally wallet freeze. Now i cant start this masternode again "missing": masternode status -> "Masternode not found in the list of avalible masternodes. Current status: Not capable masternode: Could not connect to ...:52543 (code -1) I use windows vps and other two coin masternodes works perfect on this vps
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Dabs
Legendary
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Activity: 3416
Merit: 1912
The Concierge of Crypto
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June 27, 2018, 11:27:16 PM |
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After about 170 blocks, I staked 20.2499 BWK.... the input was worth three masternodes though. It should stake a few more times. I also put 1 MN worth in it's own address and another 2 MN worth in another address. We'll see how much they stake in the next couple of days.
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dobbel
Newbie
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Activity: 27
Merit: 0
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June 28, 2018, 12:05:27 AM |
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"Quote from: robo2 on June 17, 2018, 07:17:09 AM Hi. Why my masternode is mising all time(i start it couple times)? Can somebody paste all lines of bulwark.conf? For the vps wallet rpcuser= rpcpassword= port=52543 rpcallowip=127.0.0.1 externalip= server=1 daemon=1 listen=1 promode=1 masternode=1 masternodeprivkey= Fill in the missing values like IP and masternodeprivkey. You also need rpcuser and passwords to not be empty The local, controller wallet only needs rpcuser and rpcpassword If you are having trouble starting the masternode try startmasternode "all" 0 from the controller wallet, after you unlock it with passphrase If it can't start, make sure the masternode input is not locked by the wallet, that happens sometimes. Enable coin control, go to inputs (in send) and unlock the 5000 bwk. Then start the masternode again" Hi again After: Enable coin control, go to inputs (in send) and unlock the 5000 bwk + startmasternode "all" 0 masternode start first time and i earn 4 transactions but finally wallet freeze. Now i cant start this masternode again "missing": masternode status -> "Masternode not found in the list of avalible masternodes. Current status: Not capable masternode: Could not connect to ...:52543 (code -1) I use windows vps and other two coin masternodes works perfect on this vps Check out discord for support, network has been a bit unstabile the first days moving to POS, I haven't had any issues tho. Exept resync of wallet after doing recommended updates and deleted addnodes...
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jin518
Member
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https://yadi.sk/i/2bzED4KYxCpgng
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June 28, 2018, 02:35:03 AM |
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BWK_VoxTerra
Jr. Member
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Activity: 54
Merit: 23
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June 28, 2018, 06:07:30 PM |
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"Quote from: robo2 on June 17, 2018, 07:17:09 AM Hi. Why my masternode is mising all time(i start it couple times)? Can somebody paste all lines of bulwark.conf? For the vps wallet rpcuser= rpcpassword= port=52543 rpcallowip=127.0.0.1 externalip= server=1 daemon=1 listen=1 promode=1 masternode=1 masternodeprivkey= Fill in the missing values like IP and masternodeprivkey. You also need rpcuser and passwords to not be empty The local, controller wallet only needs rpcuser and rpcpassword If you are having trouble starting the masternode try startmasternode "all" 0 from the controller wallet, after you unlock it with passphrase If it can't start, make sure the masternode input is not locked by the wallet, that happens sometimes. Enable coin control, go to inputs (in send) and unlock the 5000 bwk. Then start the masternode again" Hi again After: Enable coin control, go to inputs (in send) and unlock the 5000 bwk + startmasternode "all" 0 masternode start first time and i earn 4 transactions but finally wallet freeze. Now i cant start this masternode again "missing": masternode status -> "Masternode not found in the list of avalible masternodes. Current status: Not capable masternode: Could not connect to ...:52543 (code -1) I use windows vps and other two coin masternodes works perfect on this vps May i suggest using a Linux VPS and using our script? Our ability to troubleshoot issues on platforms we don't have official documentation for is kind of limited. That said, unlocking the input shouldn't have any effect on the issues you're having. Also, just because it isn't 100% clear, did you update the node to the latest wallet?
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bitChipper
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June 28, 2018, 06:17:52 PM |
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Just want to disclose I had to put in a support ticket for deposit stuck at 19/20 on cryptopia but it was pushed through a couple hours after i submitted the support ticket, good for cryptopia being fast with their tickets now. Think we are at a solid floor around 9500-11k sats, hopefully will stay sideways (or up of course) from here.
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linhmax
Newbie
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June 29, 2018, 04:29:12 PM |
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I think I may have got it all now, just checking on this last staking status for a bit you mentioned a way to see what was going on like minted coins and staking reward, etc..how do you do that?
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