[ANN] TagCoin - Multi Token Wallet and Trading Platform

[tagbond]

Yes, it used to be that way...something happened in code, and i asked the devs to change that a couple of days ago...it should go directly to the tagvert that you clicked on...stored in cookie while it goes there..that should be working like that tomorrow day after.

Still stuck on the maths tho...easy to work out if you HAVE to get 3 in a row...that is simple 3/20 to the power of 3, but if you throw in you have 3 out of 5 attempts to get 3 wins...then that would be 9 in 8000, with a percentage allowed for the extra 2 attempts..the same maths would be done when doing the dice game we have, and the minesweeper game...maybe with some sleep the maths will pop into my head..

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[Silez]

to ny2cafuse:
Why so difference?
http://img226.imagevenue.com/loc464/th_687445717_dif1_122_464lo.jpg
     

[ny2cafuse]

to ny2cafuse:
Why so difference?

    

The metric for calculation is probably off.  I know they recently(within the last couple weeks) changed that in the MPOS code, so I'll see what was done, and what needs to be worked on.  Worst case scenario, I'll change it back to whatever it was before.

Please compare this to what you're actually getting paid on the site though, and let me know.  I'll run some tests as well.

-Fuse

EDIT- Check your hashrate in Coinwarz and see what they estimate.  I think you'd be surprised by the results.

[vesperwillow]

Isnt botpool Chinese?? 

They are.  However, if you look at their hash power lately(66MH right now), it's not producing the coins per day that we're seeing being traded on BTC38.

-Fuse

Just for the sake of adding value to the discussion, it's worth noting you can fudge the pool's actual hashrate. If for some wild reason a pool wanted to hide a lot of its actual hashrate.

[ny2cafuse]

Isnt botpool Chinese?? 

They are.  However, if you look at their hash power lately(66MH right now), it's not producing the coins per day that we're seeing being traded on BTC38.

-Fuse

Just for the sake of adding value to the discussion, it's worth noting you can fudge the pool's actual hashrate. If for some wild reason a pool wanted to hide a lot of its actual hashrate.

That is very true.  A pool operator could easily change the pool hashrate modifier or daily estimated coins with a simple code change.

-Fuse

[devt]

I have some questions about PoS. So if I understand it correctly, I will get 1% of any coins that stay in the wallet for 30 days or more, is this correct?
Does the wallet need to be running for 30 days for it to work?

[ny2cafuse]

I have some questions about PoS. So if I understand it correctly, I will get 1% of any coins that stay in the wallet for 30 days or more, is this correct?
Does the wallet need to be running for 30 days for it to work?

You receive 1.5% per year on coins older than 30 days.  You don't need to leave your wallet open, but it will only "mine" POS blocks when the wallet is open.  It's usually very quick, though.

-Fuse

[Dabs]

I have some questions about PoS. So if I understand it correctly, I will get 1% of any coins that stay in the wallet for 30 days or more, is this correct?
Does the wallet need to be running for 30 days for it to work?

It's 1.5% per year. So get that amount and divide by 12 months if you want an estimate of your PoS coins per month, also assuming you don't move or use those coins and let them sit there. Your wallet needs to be online at least a few hours per day, with or without a password (depends on some configuration.)

[Tyke]

Please vote for Tagcoin to be included in my book:

https://bitcointalk.org/index.php?topic=483187.new#new

[ny2cafuse]

Tagmining update:

The block finder bonus has been increased to 2TAG per block!

Also, the first jackpot for 100TAG will be announced shortly.  Stay tuned, miners!

-Fuse

[ny2cafuse]

Tagmining Jackpot Info

Alrighty folks, here's the info:

There were 23 total rounds for the week.  To be eligible for this jackpot, you would have needed to submit shares to 75% of those rounds, equaling 17 rounds.  There were 7 people who qualified for the jackpot.  This was out of 42 miners who mined on the pool this week.  The qualifying miners are as follows:

Dabs
anchous
flywin
matquan
prashant
savchenko_anton
totmacher12000


This week's winners are as follows:

1st place -   Dabs                           50TAG  - TXID e1119fd9895a9fa84c220942cc437f0dade2620540b18f66db100f781c3676c9
2nd place -  totmacher12000       30TAG  - TXID 322063ed21bf976ff0074eab4872dd0c63c2c3bf24cebf282b49cdc5a3f6cc14
3rd place -   prashant                    20TAG  - TXID 3bb289290c1b67411018e5d09c1dad9e340c963649bca41f230ea6ddd3f3a483


Payments will be sent shortly, and TXID numbers will be posted above.

Congratulations, miners!  Good luck to everyone next week!

-Fuse

[Dabs]

Wow! hehe. Mining some more!

[johndec2]

Wow.. Is that tumbleweeds I see?  Thread dead. Price diving. Mark announces a game to win some TAG and the post mysteriously disappears.. This coin promised so much, delivered so little to me as a miner. Such is life.

[vesperwillow]

Wow.. Is that tumbleweeds I see?  Thread dead. Price diving. Mark announces a game to win some TAG and the post mysteriously disappears.. This coin promised so much, delivered so little to me as a miner. Such is life.

I dunno what its value is on the Chinese exchanges, but on Cryptsy it's definitely crashing. Looks like there are buy orders setup incrementally in order to do this on purpose too, either to buy it super duper cheap, or XYZ purpose. It's down to the 4x satoshi range. We could see it half of that within a week.

Cryptsy represents a very tiny corner of the TAG volume being traded though, this is mostly an Asian coin.

[ny2cafuse]

Wow... lower than the first month price.  Something needs to pick up, and fast.

-Fuse

[vesperwillow]

Wow... lower than the first month price.  Something needs to pick up, and fast.

-Fuse

There's very little volume on sell orders, someone with 1 or 2btc could buy them all out and push price to around 100 satoshi. but still, it appears Titanicoin has been sighted, at least on this exchange.

[lovecraftian]

Meh, none of the fundamentals that existed when the coin was worth four-times as much have changed. All the hot air re: mining orphans, Mark Vernon's supposed disinterest or the thread being dead have no substance. Mark and his team are still beavering away on realising their business plan and tag is still very much a part of it. The fact is that the majority of established alts are suffering from bearish sentiment and Tag is no exception, the market on Cryptsy has reached a point where it can be moved by "whales" with a few whole bitcoins, they are just looking for bargains, this is nothing to be worried about.

In short, a perfect opportunity to buy. 

[vesperwillow]

The coins viewed as valuable haven't had major issues. Litecoin in fact is going up despite bitcoin going down. Many altcoins have dropped, but only a few have been truly snowballing, tag is one of them. This is based on some charts and algo's run on the stats comparing it over the past few months.

Objective viewpoint:

* Still waiting to hear about all these business advancements
* Only public movement on the web end have been broken games
* Public mining hashrate is not indicative of being popular
* Plenty of circumstancial evidence to show the 'wall of orphan blocks' was nefarious, and not a normal part of mining (especially in light of recent admittance of various attacks, and whitepapers on attacks on altcoins)
* Very clearly an Asian coin, not a general market coin

Time will tell.

[vesperwillow]

Also, hot air is probably a poor phrase to use. The coin has changed in several ways, from its original design somewhat. It's documented in the OP. The "basis" for the coin hasn't, nor will it.

[Don007]

I think Tagcoin became less attractive with the orphan issue.
Miners quit and people lost trust in the coin.

I think This coin will be fine in the future, but untill it needs an active team (including Mark), and community -> us!