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elgimpo
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April 28, 2015, 12:20:31 AM |
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Staking less than 25% with 0.00005 difficulty..
hmmm.. why you no make me rich tek?
Because of your user name? Sorry, I had to.  Gimpist!  |
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"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
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Biomech
Legendary
 Offline
Activity: 1372
Merit: 1022
Anarchy is not chaos.
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April 28, 2015, 01:05:11 AM |
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Staking less than 25% with 0.00005 difficulty..
hmmm.. why you no make me rich tek?
Because of your user name? Sorry, I had to. Gimpist! Nah, just another gimp I'm on the opposite side of the scale from rich. |
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crazyivan
Legendary
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Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
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April 28, 2015, 05:25:30 AM |
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This huge PoS diff growth kills the joy. TEK is no longer 500% annual PoS coin. It s much less then that. Can anyone calculate expected PoS at this diff?
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ryanb
Legendary
Offline
Activity: 1148
Merit: 1000
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April 28, 2015, 11:52:27 AM |
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This huge PoS diff growth kills the joy. TEK is no longer 500% annual PoS coin. It s much less then that. Can anyone calculate expected PoS at this diff?
it is around 25% per month so that's like 300% without compounding. |
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crazyivan
Legendary
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Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
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April 28, 2015, 01:06:40 PM |
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This huge PoS diff growth kills the joy. TEK is no longer 500% annual PoS coin. It s much less then that. Can anyone calculate expected PoS at this diff?
it is around 25% per month so that's like 300% without compounding. Yes, I ve got similar numbers. However, this is current data. There s no reason to believe that diff s going to stay at this level next month. |
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mafort1469
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May 01, 2015, 02:14:06 AM |
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Excellent. Thanks, much appreciated!!! |
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elgimpo
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May 01, 2015, 07:18:58 AM |
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Under 20% now.. damn difficulty
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vancefox
Legendary
Offline
Activity: 1033
Merit: 1005
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May 01, 2015, 06:12:48 PM |
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This huge PoS diff growth kills the joy. TEK is no longer 500% annual PoS coin. It s much less then that. Can anyone calculate expected PoS at this diff?
Same "problem" as HYP... although it's not a problem really... it's a function of the coin code to help limit inflation. It should also, should..., lead to an increase in price as the current stakers will need more coin to get the same return and will sell off less of the stake, if any at all, to put more into the next month's reward. It should also, again should..., lead to new stakers having to dig into the sell book because the stakers are putting less of their own coins on the market. That's my opinion. |
This space not for rent...
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crazyivan
Legendary
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Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
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May 02, 2015, 07:06:56 AM |
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This huge PoS diff growth kills the joy. TEK is no longer 500% annual PoS coin. It s much less then that. Can anyone calculate expected PoS at this diff?
Same "problem" as HYP... although it's not a problem really... it's a function of the coin code to help limit inflation. It should also, should..., lead to an increase in price as the current stakers will need more coin to get the same return and will sell off less of the stake, if any at all, to put more into the next month's reward. It should also, again should..., lead to new stakers having to dig into the sell book because the stakers are putting less of their own coins on the market. That's my opinion. True. If the price goes up, this might compensate a bit. However, the price keeps going down. This is why I like fixed PoS rate coins, DMD Diamond s my favorite. The price keeps going up recently, big time. |
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thundertoe (OP)
Legendary
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Activity: 938
Merit: 1000
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May 04, 2015, 08:16:09 PM
Last edit: May 18, 2015, 07:18:28 PM by thundertoe |
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Made a infographic here https://magic.piktochart.com/output/5933704-tekcoin-user-guide-copy here is a lil bit from it.  TEKcoin can pay up to 40% SuperStake after coins remain unmoved in the wallet for 30 days. TEKcoin SuperStake rate adjusts depending on the PoS diff. |
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ryanb
Legendary
Offline
Activity: 1148
Merit: 1000
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May 04, 2015, 08:48:23 PM |
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guys lock your wallets so the difficulty can become easy lol
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BKCrypto
Member
Offline
Activity: 65
Merit: 10
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May 05, 2015, 04:05:37 AM |
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Does the difficulty go up if people just have there wallet open and not staking? Cause this is ridiculous lol, I've been waiting 2 weeks to unlock my wallet and stake some  |
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crazyivan
Legendary
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Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
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May 05, 2015, 01:44:37 PM |
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So we are now between 10% and 15% stake rate, right? |
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thundertoe (OP)
Legendary
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Activity: 938
Merit: 1000
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May 05, 2015, 01:52:23 PM |
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pos diff 0.0025 about 18% right now
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ryanb
Legendary
Offline
Activity: 1148
Merit: 1000
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May 05, 2015, 02:16:19 PM |
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I have my wallet locked, once diff drops I will unlock it, I am in no hurry to stake
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dickwhite
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May 05, 2015, 09:33:25 PM |
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I have my wallet locked, once diff drops I will unlock it, I am in no hurry to stake
Hear! You will be greatly rewarded for your patience. |
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devlin85
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May 06, 2015, 03:54:55 PM |
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Truth that patience.. I bought .02 BTC of TEK a few months back just sold em for .2 BTC! And I still have a couple thousand invested Wish I would've bought more.. lol.. |
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ryanb
Legendary
Offline
Activity: 1148
Merit: 1000
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May 06, 2015, 05:46:13 PM |
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Truth that patience.. I bought .02 BTC of TEK a few months back just sold em for .2 BTC! And I still have a couple thousand invested Wish I would've bought more.. lol.. I started with 4000 TEK last year now they are over 100k TEK I couldn't be happier. Well i could if the stake goes back to 40%. |
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