[TEK] TEKcoin Hi-PoS hybrid pos/pow no premine/ipo/ico

[gribgo]

I like that idea. Im working on writing a multipool switcher for altcoinpool.us. That would be an interesting unique angle

its great to have dedicated multipool that mines other coins and sells them for Tekcoin// this way we will see some more buy orders and more volume at the market.
go for it.. peace

[rfisher1968]

Something is wrong, price keeps dropping. More then a 50% drop from where I bought. Not going to try and catch a falling knife. I would suggest the minimum stake time shortened to 7 days.

[gribgo]

Something is wrong, price keeps dropping. More then a 50% drop from where I bought. Not going to try and catch a falling knife.

Well BTC difficulty goes UP and everybody is ok with this.. but in high-ProofOfStake coin you see the price drop... nothing is wrong with that.. its math and logic, but you just don't have enough staking hashpower... yet
just think of "price drop" as of "difficulty increase" in Proof-Of-Work mining and will understand why there are buy orders for 30000+ TEK and more there.. the fact that you've got it when its price was high is OK, because you've got some coins to stake.. but if you buy low, then you get staking power cheap and that what drives the demand at High-POS coins
peace

[vancefox]

Anyone else keep thinking of this when people start talking about coin pricing?

[rfisher1968]

It wouldn't be that bad if the POS % would be fixed instead of variable. I would have got 40% instead of 25%-30%. Those 30000 TEK buy orders are only good if the price doesn't drop and you can stake at 40%.

Something is wrong, price keeps dropping. More then a 50% drop from where I bought. Not going to try and catch a falling knife.

Well BTC difficulty goes UP and everybody is ok with this.. but in high-ProofOfStake coin you see the price drop... nothing is wrong with that.. its math and logic, but you just don't have enough staking hashpower... yet
just think of "price drop" as of "difficulty increase" in Proof-Of-Work mining and will understand why there are buy orders for 30000+ TEK and more there.. the fact that you've got it when its price was high is OK, because you've got some coins to stake.. but if you buy low, then you get staking power cheap and that what drives the demand at High-POS coins
peace

[gribgo]

It wouldn't be that bad if the POS % would be fixed instead of variable. I would have got 40% instead of 25%-30%. Those 30000 TEK buy orders are only good if the price doesn't drop and you can stake at 40%.

Something is wrong, price keeps dropping. More then a 50% drop from where I bought. Not going to try and catch a falling knife.

Well BTC difficulty goes UP and everybody is ok with this.. but in high-ProofOfStake coin you see the price drop... nothing is wrong with that.. its math and logic, but you just don't have enough staking hashpower... yet
just think of "price drop" as of "difficulty increase" in Proof-Of-Work mining and will understand why there are buy orders for 30000+ TEK and more there.. the fact that you've got it when its price was high is OK, because you've got some coins to stake.. but if you buy low, then you get staking power cheap and that what drives the demand at High-POS coins
peace

You can stake at 40% if you open your walltet for stake at the moment when POS difficulty is o.ooooX.. you need right timing for your stake and you will be fine
peace to you all.. people

[skunk]

wake up boys! it's staking time!

[thundertoe]

It wouldn't be that bad if the POS % would be fixed instead of variable. I would have got 40% instead of 25%-30%. Those 30000 TEK buy orders are only good if the price doesn't drop and you can stake at 40%.

Something is wrong, price keeps dropping. More then a 50% drop from where I bought. Not going to try and catch a falling knife.

Well BTC difficulty goes UP and everybody is ok with this.. but in high-ProofOfStake coin you see the price drop... nothing is wrong with that.. its math and logic, but you just don't have enough staking hashpower... yet
just think of "price drop" as of "difficulty increase" in Proof-Of-Work mining and will understand why there are buy orders for 30000+ TEK and more there.. the fact that you've got it when its price was high is OK, because you've got some coins to stake.. but if you buy low, then you get staking power cheap and that what drives the demand at High-POS coins
peace

Its likely there is going to be a stake now and be paid x amount indicator field on the update. Promotion promotion promotion, we need steady growth. Blow up the chats and https://twitter.com/TEKcoins etc. There are some good things coming for Tek that will help for promotion. The user base is small right now, however that leaves us plenty of room to grow. Tekcoin will go long term. Unlike many here today (premine dumped)gone tomorrow crypto's, Tek is built upon a solid foundation of fairness, giving late comers much the same opportunity to benefit as the early ones.

[spskboy]

wake up boys! it's staking time!

http://oi62.tinypic.com/v3nabt.jpg

Excuse me, where did you get this chart?
I can't find them.
Thanks for advance.

P.S. Sorry for my English.

[gribgo]

wake up boys! it's staking time!

Excuse me, where did you get this chart?
I can't find them.
Thanks for advance.

P.S. Sorry for my English.

Yes where we can see this chart?

[skunk]

Excuse me, where did you get this chart?
I can't find them.
Thanks for advance.

P.S. Sorry for my English.

Yes where we can see this chart?

i get the values from the wallet then i build the graphs with gnuplot.

[thundertoe]

Looks like zero orphans on the http://ppl.port-x.de/ pool over last 24 hours, and PoS diff is .000064, that is 40% time. 

[m33]

Looks like zero orphans on the http://ppl.port-x.de/ pool over last 24 hours, and PoS diff is .000064, that is 40% time. 

Hmmm... I'm i missing something my pos diff is o.ooo39

[skunk]

Looks like zero orphans on the http://ppl.port-x.de/ pool over last 24 hours, and PoS diff is .000064, that is 40% time. 

Hmmm... I'm i missing something my pos diff is o.ooo39

on the wrong chain? actual height is 667812

[m33]

Looks like zero orphans on the http://ppl.port-x.de/ pool over last 24 hours, and PoS diff is .000064, that is 40% time. 

Hmmm... I'm i missing something my pos diff is o.ooo39

on the wrong chain? actual height is 667812

Wrong chain ? How to check? Please advice

[thundertoe]

Looks like zero orphans on the http://ppl.port-x.de/ pool over last 24 hours, and PoS diff is .000064, that is 40% time. 

Hmmm... I'm i missing something my pos diff is o.ooo39

on the wrong chain? actual height is 667812

Wrong chain ? How to check? Please advice

http://www.coinwarz.com/cryptocurrency/coins/tekcoin

is on the right block, 668753 atm

[edgar]

cheers ... i'dring now some nice w. thanks for the job! if the sync is done i'open the stratum port ... end setup the coind in normal work. 

did you ever get a 0 balance after you opened the new wallet daemon? it's happening to all my wallet

tekcoind --salvagewallet fixed it. i see my balances now

Do you see my balances now too??

It would be nice if you could respond to my numerous emails.

[aSmallChild666]

Sent you a tip noise23 for your contribution to the new wallet.

Thanks

[m33]

Looks like zero orphans on the http://ppl.port-x.de/ pool over last 24 hours, and PoS diff is .000064, that is 40% time. 

Hmmm... I'm i missing something my pos diff is o.ooo39

on the wrong chain? actual height is 667812

Wrong chain ? How to check? Please advice

http://www.coinwarz.com/cryptocurrency/coins/tekcoin

is on the right block, 668753 atm

Yes height correct , but pos diff o.ooo14

[ryanb]

Can we get TEK on poloniex?