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Question: Should StellitePay be released in an open beta?
Yes - 40 (88.9%)
No - 5 (11.1%)
Total Voters: 45

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Author Topic: [ANN][POW][XTL] 👾Stellite👾 - decentralized node list via IPFS & ZeroNet  (Read 66330 times)
mohammeddxb
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March 26, 2018, 05:09:39 AM
 #1401

I mentioned a point sometime ago. But the Dev did not understand the point. This is a very good project and Devs are good and work hard. The issue is that you has to respect the market. Numerous coins were extracted out every day into the market at the early stage of the project, however, unfortunately the growth of the community far cannot catch up the speed of extraction of coins because of the emission curve set in the program. It is not realistic to have so many coins extracted in the initial one and/or two years. In order to attract people into this project for the growth of the community, you have to show people what benefits are to hold these coins, not just how good in the future. No one can eat a cake that is just drew on a paper.

We fluctuate between 3, 4, 5, 6 satoshi, it's good percent, the market is really fine  Wink

In percent, it's the same as a Dero who fluctuate between 3000, 4000, 5000, 6000 satoshi or an IntenseCoin who fluctuate between 50, 60, 70, 80 percents, it's the same percent or approximatively the same percent. It's the market, nothing wrong actually.

The XTL market is ok.

The issue i think,  is that you want to see the price growing faster. So you are trying to convince devs that something should be changed in the numbers of coins, like that the value will up then you'll sell your coins.

I agree you have a point. But still, I personally would like to see the emission to reduce probably by half, cuz with current exchanges and limited reach, there may not be enough customers to consume 25+ million mined every day, hence piling up the coins and single digit price. I believe the coin has much bigger potential than it currently is.


You got my point. If it is 25 million /per day, this will be 365X25x1000,000= 9,125,000,000 in one year. This number is almost half of the whole supplies of 20,000,000,000. Even if this number of coins are extracted out in two years, they are still too many coins. How could it be expected that the market or the community's growth can catch up this rate? Also, there are many other projects in this market as well.

As for the fluctuation between 3, 4, 5, 6 satoshi, it looks ok right now, however, someone may enjoy just this moment. Thanking about further, what would it happen if more and more coins are extracted out and cannot be absorbed by the market? The price could drop to 1 sat (in the very bad situation of the whole cryptomarket). Is there any way dropping to 0.8 or 0.5 sat?  Wink Wink Wink. If it can, then it would be ok. So the good fluctuation point would be around some numbers of between 12, 13, 14, 16, not close to 1 sat.  


I think you are thinking very short term here man. The project is good. The devs are really active here and in their Discord, working fast on new features to the coin according to their whitepaper, and keeping ahead of the ASIC game.

Plenty of other GRQ coins out there you can gamble on.

Stellite is healthy, and on a great path. You make your own decisions however!

Make no mistake, I'm convinced that Stellite is here to stay and the dev team is actually ETN on steroids. They are technically brilliant, accessible and responsible. Moreover, they seems to be delivering on multiple fronts.
I'm just brainstorming to see if the emission level is right. You have to approach it from variuos angles to see which one is in the best interest of the project and accordingly may be we can influence the devs.
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March 26, 2018, 07:43:24 AM
 #1402

Coin is ok guys stop with nonsense.You have plenty of others year old and roadmap of ( supermancoin ) and don't even have proper wallet till today,real day usage not even close to xtl .yes xtl has very short and straight to point map but guys are doing more and sooner than what they are announcing to do .And doing simple math like you gonna extract so many coins per day times this and that is completely wrong . I have no clue how much my rigs will make tomorrow and making calculation 1 yr in future in cryptoworld is impossible even for AI running on Tianhe-2..And for the market and price personally i have only one thing that  makes me restrain from investing more .. Is that huge extraction that happened  few days ago .So instead of putting money on forward position im protecting my self from dumping on lower position . And is not the coin ,,Crex24 take century to send xtl . Ogre is ok .
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March 26, 2018, 07:52:44 AM
 #1403

friends you have no problem sending money to crex24 ? in the latest wallet v4 in the logs I have displayed the different  address on which I send and the money is not debit on exchange for 16  hours
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March 26, 2018, 07:53:43 AM
 #1404

Coin is ok guys stop with nonsense.You have plenty of others year old and roadmap of ( supermancoin ) and don't even have proper wallet till today,real day usage not even close to xtl .yes xtl has very short and straight to point map but guys are doing more and sooner than what they are announcing to do .And doing simple math like you gonna extract so many coins per day times this and that is completely wrong . I have no clue how much my rigs will make tomorrow and making calculation 1 yr in future in cryptoworld is impossible even for AI running on Tianhe-2..And for the market and price personally i have only one thing that  makes me restrain from investing more .. Is that huge extraction that happened  few days ago .So instead of putting money on forward position im protecting my self from dumping on lower position . And is not the coin ,,Crex24 take century to send xtl . Ogre is ok .
Succinctly said.
XTL is one of the very few cryptos that I'm extremely vested in. Most of 'em I just buy and dump based on market movement.
XTL is different.
The tech and the team are really up to something game changing. I feel very fortune to have gotten in on the "ground floor" or so to speak
podrouzek
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March 26, 2018, 08:55:45 AM
 #1405

I check out a website called newcpucoins every now and then.
Out off all the new coins there, if you check the recommendations, Stellite has 3x as much as the next recommended coin.

I really think this coin is so undervalued, that when people wake up, I won't be surprised if it grows 100 fold.

I may be wrong, but this coin has got me very excited
mohammeddxb
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March 26, 2018, 12:31:42 PM
 #1406

I check out a website called newcpucoins every now and then.
Out off all the new coins there, if you check the recommendations, Stellite has 3x as much as the next recommended coin.

I really think this coin is so undervalued, that when people wake up, I won't be surprised if it grows 100 fold.

I may be wrong, but this coin has got me very excited

It is surprisingly undervalued, may be due to the fact that there is no pushing and pulling / pumping and dumping. Its good to know there is no artificial demand creation from any quarters. There are coins which has gone to 2000+ Sats in the first month, well if you ask me, is a red flag.
If you are not in a hurry to pay off your student loans, then hold Smiley It will pay off well. The tech, the devs & community seems solid. They ve got almost a cult like following.
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March 26, 2018, 03:01:15 PM
 #1407

Not going to sell at all.  Its a much better coin than plenty out there on coinmarketcap for example.
Its gained momentum and it has grown quickly.   I am actually buying and mining Smiley

Who knows what this coin will be worth in a few months even.

Rock solid Dev team and excellent assistance on Discord. 

Will hodl this one!
DrearyUrbanite
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March 26, 2018, 07:49:25 PM
 #1408

Someone dumping hard
Natural market correction. Whatever you do, never panic sell! Always do the opposite of the market trend. If a coin is in the red, buy. If a coin is in green, sell.

I would be very careful with generalist advice as that means that the market is always dumb. The market by far isn't dumb though all the time. Doing research is a useful tool, much more useful than the rule "just do always the opposite" Wink
Well, of course! Any smart investor has to prioritize knowledge over anything else. If a trader doesn't have an RSS feed which they constantly refresh, then they're not a very smart trader.

Right and while you are not entirely wrong with your suggestion, the bigger problem is timing. What if a market uptrend (green) keeps going for 6 weeks but you sell after 7 days? Same can happen for the downtrend if you wait too long until finally identifying red as a true downtrend. Trading in crypto is very difficult as there are much more variables to consider and much less knowledge available.


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SIMPLEMINER1
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March 26, 2018, 08:09:46 PM
 #1409

Spread your positions dear. For the Dev if you could somehow implement for you future wallet updates to calculate the cost of sending amount when you choose higher priority and mixing. 
soulcancer
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March 26, 2018, 09:58:38 PM
 #1410

It's really irritating having these ASIC manufacturers centralizing coins with their ASIC bs. No wonder the nethash increased absurdly high on all cryptonight coins in the last few months. Wouldn`t be surprised if those guys mined with the ASICs a while before releasing them to the public smh. So, i suggest that it seems like the Bikail Giant N too.

its more than irritating...its criminal....the only reason that they made them was to mine with them until someone figured out what was going on...once that happened, they knew algo would be changed and they could just sell them to suckers who wont even receive them until AFTER the algo change...they will be over-priced space heaters...that's it


and to those worrying about 21bill being too many coins, bear in mind that xtl only has 2 decimal places....so in terms of "minimum units" (stelloshis, perhaps), xtl will have 2.1 trillion...while btc has 12mill coins w/ 8 decimal places...which is 1.2x10^13 satoshis

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March 26, 2018, 10:05:27 PM
 #1411

It's really irritating having these ASIC manufacturers centralizing coins with their ASIC bs. No wonder the nethash increased absurdly high on all cryptonight coins in the last few months. Wouldn`t be surprised if those guys mined with the ASICs a while before releasing them to the public smh. So, i suggest that it seems like the Bikail Giant N too.

its more than irritating...its criminal....the only reason that they made them was to mine with them until someone figured out what was going on...once that happened, they knew algo would be changed and they could just sell them to suckers who wont even receive them until AFTER the algo change...they will be over-priced space heaters...that's it


and to those worrying about 21bill being too many coins, bear in mind that xtl only has 2 decimal places....so in terms of "minimum units" (stelloshis, perhaps), xtl will have 2.1 trillion...while btc has 12mill coins w/ 8 decimal places...which is 1.2x10^13 satoshis
"stelloSHIS" sounds like stello feces ,,No no no no no
I like better stelloTITS just my opinion  Roll Eyes
happyleper
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March 26, 2018, 10:34:05 PM
 #1412

Anyone have any idea why the last eleven blocks found in the community pool suddenly orphaned?
AVP
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March 27, 2018, 04:52:51 AM
 #1413

Anyone have any idea why the last eleven blocks found in the community pool suddenly orphaned?

No payments made from pools in last 6-8 hours either...

Anyone know what's going on?
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March 27, 2018, 07:43:19 AM
 #1414

invalid blocks those where.
payment should be working again btw as I received also my XTL in the wallet finally.
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March 27, 2018, 08:02:23 AM
 #1415

It's really irritating having these ASIC manufacturers centralizing coins with their ASIC bs. No wonder the nethash increased absurdly high on all cryptonight coins in the last few months. Wouldn`t be surprised if those guys mined with the ASICs a while before releasing them to the public smh. So, i suggest that it seems like the Bikail Giant N too.

its more than irritating...its criminal....the only reason that they made them was to mine with them until someone figured out what was going on...once that happened, they knew algo would be changed and they could just sell them to suckers who wont even receive them until AFTER the algo change...they will be over-priced space heaters...that's it


and to those worrying about 21bill being too many coins, bear in mind that xtl only has 2 decimal places....so in terms of "minimum units" (stelloshis, perhaps), xtl will have 2.1 trillion...while btc has 12mill coins w/ 8 decimal places...which is 1.2x10^13 satoshis
"stelloSHIS" sounds like stello feces ,,No no no no no
I like better stelloTITS just my opinion  Roll Eyes
Why do all these fraction of coins tend to with SHIS? It's not like some unspoken rule. Satoshi pioneered something incredible here, but let's not get hung up on it forever. Call it Stellitia or whatever, not every screwdriver that came after Phillips' being called ***LLIPS
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March 27, 2018, 08:08:41 AM
 #1416

It's really irritating having these ASIC manufacturers centralizing coins with their ASIC bs. No wonder the nethash increased absurdly high on all cryptonight coins in the last few months. Wouldn`t be surprised if those guys mined with the ASICs a while before releasing them to the public smh. So, i suggest that it seems like the Bikail Giant N too.

its more than irritating...its criminal....the only reason that they made them was to mine with them until someone figured out what was going on...once that happened, they knew algo would be changed and they could just sell them to suckers who wont even receive them until AFTER the algo change...they will be over-priced space heaters...that's it


and to those worrying about 21bill being too many coins, bear in mind that xtl only has 2 decimal places....so in terms of "minimum units" (stelloshis, perhaps), xtl will have 2.1 trillion...while btc has 12mill coins w/ 8 decimal places...which is 1.2x10^13 satoshis
"stelloSHIS" sounds like stello feces ,,No no no no no
I like better stelloTITS just my opinion  Roll Eyes
Why do all these fraction of coins tend to with SHIS? It's not like some unspoken rule. Satoshi pioneered something incredible here, but let's not get hung up on it forever. Call it Stellitia or whatever, not every screwdriver that came after Phillips' being called ***LLIPS

just call them.... stellito's or stellitos
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March 27, 2018, 09:26:56 AM
 #1417

 I have a question with the new CLI Wallet Version: Stellite v1.2.2.1 'Chromium v3'

Can we just download the new CLI Wallet and import our wallet using mnemonic seed? Or is it required that we delete the whole Stellite blockchain folder and have it sync again from start and then import the CLI Wallet?
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March 27, 2018, 10:20:25 AM
 #1418

I have a question with the new CLI Wallet Version: Stellite v1.2.2.1 'Chromium v3'

Can we just download the new CLI Wallet and import our wallet using mnemonic seed? Or is it required that we delete the whole Stellite blockchain folder and have it sync again from start and then import the CLI Wallet?

ok so you have changed wallet with the new fork we did? if so then removing blockchain not needed this time.
if you didnt update before/during fork then yes it would be adviseable to delete c:\programdata\stellite

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March 27, 2018, 12:05:09 PM
 #1419

I have a question with the new CLI Wallet Version: Stellite v1.2.2.1 'Chromium v3'

Can we just download the new CLI Wallet and import our wallet using mnemonic seed? Or is it required that we delete the whole Stellite blockchain folder and have it sync again from start and then import the CLI Wallet?

ok so you have changed wallet with the new fork we did? if so then removing blockchain not needed this time.
if you didnt update before/during fork then yes it would be adviseable to delete c:\programdata\stellite



Hi stellite, Yes I have changed to the  CLI Wallet Stellite v1.2.2.0 'Chromium v3' for the hard fork update and re synced entire block chain.

So that then means I only require to download latest CLI Wallet and do wallet import with mnemonic seed?
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March 27, 2018, 12:10:36 PM
 #1420

I have a question with the new CLI Wallet Version: Stellite v1.2.2.1 'Chromium v3'

Can we just download the new CLI Wallet and import our wallet using mnemonic seed? Or is it required that we delete the whole Stellite blockchain folder and have it sync again from start and then import the CLI Wallet?

ok so you have changed wallet with the new fork we did? if so then removing blockchain not needed this time.
if you didnt update before/during fork then yes it would be adviseable to delete c:\programdata\stellite



Hi stellite, Yes I have changed to the  CLI Wallet Stellite v1.2.2.0 'Chromium v3' for the hard fork update and re synced entire block chain.

So that then means I only require to download latest CLI Wallet and do wallet import with mnemonic seed?

Yes though my advice is install the new cli in a different directory then your current cli wallet just to be sure no files mismatch.
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