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Author Topic: [TEK] TEKcoin Hi-PoS hybrid pos/pow no premine/ipo/ico  (Read 438370 times)
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aSmallChild666
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July 04, 2015, 06:12:12 AM
 #3881

Will pos diff back to .0000x or not? Sad

Ouch, I feel bad for ya.  I'm hatin' it after 48, since the day I got 38.9%.  You snoozed there.


That's what I want to know, i haven't staked in 68 days.
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dickwhite
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July 04, 2015, 01:07:13 PM
 #3882

Will pos diff back to .0000x or not? Sad

That's the million dollar question.
TEK seems to be gaining in popularity, as the rise in price and POS difficulty (+0.003 for the last month) tends to confirm this.
Actually, I think we are in a secular bull market for all mature coins due to global economic turmoil, rising interest from Asia, and people growing weary of the quantity and quality of new alt coins.
Here are the current diffs of other popular POS coins:
CAP -0.00734, HBN - 0.008062, NVC - 1.74142375.
So if you ask me, I would guess no, the difficulty will not go down as long as price grows.
There is a point in time -- and I've not figured out when -- when compounding wins over waiting for low POS diff. I going to guess around 0.003 diff, but it would be neat if someone did the math.
Anyway, you should adjust your strategy accordingly. Good luck.
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July 04, 2015, 03:21:03 PM
 #3883

My last 3 staked blocks averaged 198.5893% APY with an average compound APY of 528.7466%. That's nothing to sneeze at, but it's a far cry from the numbers I saw in May of 2014(517.7730%/7410.0333%).

So basically you get about the same now by holding all year as you got by selling off your monthly interest in 2014 and only holding the principle...or at least you would if exchange rates had remained the same rather than declined. The good news is that the constricted supply should continue to lead to higher exchange rates.

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July 04, 2015, 07:21:53 PM
 #3884

TEK is traded only on the two exchanges and one of them is closed (Comkort). We need more exchanges. Now you can vote here https://www.cryptopia.co.nz/Home/Voting
clockuniverse
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July 04, 2015, 07:44:03 PM
 #3885

It would be nice to get it on Bittrex.  They have pretty good overall volume.

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Coinmin
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July 04, 2015, 09:20:50 PM
 #3886

Will pos diff back to .0000x or not? Sad

That's the million dollar question.
TEK seems to be gaining in popularity, as the rise in price and POS difficulty (+0.003 for the last month) tends to confirm this.
Actually, I think we are in a secular bull market for all mature coins due to global economic turmoil, rising interest from Asia, and people growing weary of the quantity and quality of new alt coins.
Here are the current diffs of other popular POS coins:
CAP -0.00734, HBN - 0.008062, NVC - 1.74142375.
So if you ask me, I would guess no, the difficulty will not go down as long as price grows.
There is a point in time -- and I've not figured out when -- when compounding wins over waiting for low POS diff. I going to guess around 0.003 diff, but it would be neat if someone did the math.
Anyway, you should adjust your strategy accordingly. Good luck.

Here some other POS coins diff:

HYP - 69.963282  TRK - 1.880367


So what do you think guys, I can get my stake now with 0.00x or I need to wait for 0.0000x? Another million dollar question. Smiley
7m
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July 05, 2015, 05:37:11 AM
 #3887

Will pos diff back to .0000x or not? Sad

That's the million dollar question.
TEK seems to be gaining in popularity, as the rise in price and POS difficulty (+0.003 for the last month) tends to confirm this.
Actually, I think we are in a secular bull market for all mature coins due to global economic turmoil, rising interest from Asia, and people growing weary of the quantity and quality of new alt coins.
Here are the current diffs of other popular POS coins:
CAP -0.00734, HBN - 0.008062, NVC - 1.74142375.
So if you ask me, I would guess no, the difficulty will not go down as long as price grows.
There is a point in time -- and I've not figured out when -- when compounding wins over waiting for low POS diff. I going to guess around 0.003 diff, but it would be neat if someone did the math.
Anyway, you should adjust your strategy accordingly. Good luck.

Here some other POS coins diff:

HYP - 69.963282  TRK - 1.880367


So what do you think guys, I can get my stake now with 0.00x or I need to wait for 0.0000x? Another million dollar question. Smiley
95% POS difficulty come from the is address:
BqRKDoDh9ZDShkee6NDf2LTSALsQ2XRAai
https://blockexperts.com/tek/address/BqRKDoDh9ZDShkee6NDf2LTSALsQ2XRAai
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July 05, 2015, 07:32:53 AM
 #3888

Will pos diff back to .0000x or not? Sad

That's the million dollar question.
TEK seems to be gaining in popularity, as the rise in price and POS difficulty (+0.003 for the last month) tends to confirm this.
Actually, I think we are in a secular bull market for all mature coins due to global economic turmoil, rising interest from Asia, and people growing weary of the quantity and quality of new alt coins.
Here are the current diffs of other popular POS coins:
CAP -0.00734, HBN - 0.008062, NVC - 1.74142375.
So if you ask me, I would guess no, the difficulty will not go down as long as price grows.
There is a point in time -- and I've not figured out when -- when compounding wins over waiting for low POS diff. I going to guess around 0.003 diff, but it would be neat if someone did the math.
Anyway, you should adjust your strategy accordingly. Good luck.

Here some other POS coins diff:

HYP - 69.963282  TRK - 1.880367


So what do you think guys, I can get my stake now with 0.00x or I need to wait for 0.0000x? Another million dollar question. Smiley
95% POS difficulty come from the is address:
BqRKDoDh9ZDShkee6NDf2LTSALsQ2XRAai
https://blockexperts.com/tek/address/BqRKDoDh9ZDShkee6NDf2LTSALsQ2XRAai

looks like Cryptsy's wallet.

https://bitcoinfundingteam.com/ref/SatoshiTeam
turn 0.1 BTC to 80BTC week after week!!!
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July 05, 2015, 07:45:00 AM
 #3889

ya and they are getting almost all the blocks. I know Bittrex dont stake wallets, but I didnt know cryptsy did. Thats VERY unethical.

Vegas

I want to make sure everyone knows that I just released my software called "Yobit pump alert". THis is custom software that uses an algo to detect the start of a pump here on yobit, the second it starts. YOu can even filter the coins you see by price. Most pumps start less than 100 sats , so you can easily filter the cheap coins, so they are the only ones displayed Smiley https://bitcointalk.org/index.php?topic=1945937.msg20241953#msg20241953
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July 05, 2015, 07:53:12 AM
 #3890

ya and they are getting almost all the blocks. I know Bittrex dont stake wallets, but I didnt know cryptsy did. Thats VERY unethical.

Vegas

That's why i do not keep any staking coins on Cryptsy. I only deposit what I want to sell.

https://bitcoinfundingteam.com/ref/SatoshiTeam
turn 0.1 BTC to 80BTC week after week!!!
vegasguy
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July 05, 2015, 08:15:29 AM
 #3891

ya and they are getting almost all the blocks. I know Bittrex dont stake wallets, but I didnt know cryptsy did. Thats VERY unethical.

Vegas

That's why i do not keep any staking coins on Cryptsy. I only deposit what I want to sell.

IF we can somehow confirm this is the cryptsy wallet (compare balances?).. then we can speak our mind to either the top dog or VERY high up exec email is bigvern@cryptsy.com . But first how can we confirm its cryptsy wallet? Maybe make a transaction with tek to cryptsy and see if it shows on that wallet? This needs to stop because its screwing everyone. A gigantic wallet like that is getting over 90% of the stakes!!

Vegas

I want to make sure everyone knows that I just released my software called "Yobit pump alert". THis is custom software that uses an algo to detect the start of a pump here on yobit, the second it starts. YOu can even filter the coins you see by price. Most pumps start less than 100 sats , so you can easily filter the cheap coins, so they are the only ones displayed Smiley https://bitcointalk.org/index.php?topic=1945937.msg20241953#msg20241953
7m
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July 05, 2015, 11:29:37 AM
 #3892

ya and they are getting almost all the blocks. I know Bittrex dont stake wallets, but I didnt know cryptsy did. Thats VERY unethical.

Vegas

That's why i do not keep any staking coins on Cryptsy. I only deposit what I want to sell.

IF we can somehow confirm this is the cryptsy wallet (compare balances?).. then we can speak our mind to either the top dog or VERY high up exec email is bigvern@cryptsy.com . But first how can we confirm its cryptsy wallet? Maybe make a transaction with tek to cryptsy and see if it shows on that wallet? This needs to stop because its screwing everyone. A gigantic wallet like that is getting over 90% of the stakes!!

Vegas
To Tekcoin Wallet addrees( BqRKDoDh9ZDShkee6NDf2LTSALsQ2XRAai ) Owner
 you used all Small block staking every day 24/7 ( One minute per block ,one day only 60x24 =1440 blocks)
   
   if you like have staking every day let's Ok, Please combine your block bigger let other people can staking some
   
   if all people cannot staking waht them want the proportion . Them will  be give up soon
   ( we have alot people is staking one time a Month holding not selling )

Thanks you
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July 05, 2015, 12:28:58 PM
 #3893

ya and they are getting almost all the blocks. I know Bittrex dont stake wallets, but I didnt know cryptsy did. Thats VERY unethical.

Vegas

That's why i do not keep any staking coins on Cryptsy. I only deposit what I want to sell.

IF we can somehow confirm this is the cryptsy wallet (compare balances?).. then we can speak our mind to either the top dog or VERY high up exec email is bigvern@cryptsy.com . But first how can we confirm its cryptsy wallet? Maybe make a transaction with tek to cryptsy and see if it shows on that wallet? This needs to stop because its screwing everyone. A gigantic wallet like that is getting over 90% of the stakes!!

Vegas
To Tekcoin Wallet addrees( BqRKDoDh9ZDShkee6NDf2LTSALsQ2XRAai ) Owner
 you used all Small block staking every day 24/7 ( One minute per block ,one day only 60x24 =1440 blocks)
  
   if you like have staking every day let's Ok, Please combine your block bigger let other people can staking some
  
   if all people cannot staking waht them want the proportion . Them will  be give up soon
   ( we have alot people is staking one time a Month holding not selling )

Thanks you


People.. Just take your coins out of Cryptsys wallet for 5-10 min and then put them back to Cryptsy and open your TEK sell orders back at the same price they were opened before// It should reset coins age at Cryptsy wallet.. we will see if it helps
ryanb
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July 05, 2015, 02:55:14 PM
 #3894

yes, just take your coins out from Cryptsy, that will reset the wallet.
They should not be staking and dumping on the buy order.
Unless they are buying the coin for themselves like anyone else.

https://bitcoinfundingteam.com/ref/SatoshiTeam
turn 0.1 BTC to 80BTC week after week!!!
dickwhite
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July 05, 2015, 03:03:05 PM
 #3895


95% POS difficulty come from the is address:
BqRKDoDh9ZDShkee6NDf2LTSALsQ2XRAai
https://blockexperts.com/tek/address/BqRKDoDh9ZDShkee6NDf2LTSALsQ2XRAai

looks like Cryptsy's wallet.

A few things to consider:
If it is indeed Cryptsy's wallet, that means they are making profit off this coin and less likely to delist it in times of low volume.
I'm not defending their actions for sure, but we are vulnerable with only this one exchange. Bittrex seems fickle and would likely delist it in a bear market. It might be better to make a bounty and go for a big Chinese exchange like BTC38. With 2500+ BTC volume/day and lots of new eyes, TEK might do better there. JMHO.
One more thing: The higher the difficulty, the less coins are issued, which means every coin is more valuable. So in the end, your overall wealth may be the same regardless. If you consolidate your blocks, you should stake before Cryptsy with its many small blocks. At least that's what I've noticed. Even at .003+, my big blocks stake almost immediately.
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July 05, 2015, 03:05:55 PM
 #3896


95% POS difficulty come from the is address:
BqRKDoDh9ZDShkee6NDf2LTSALsQ2XRAai
https://blockexperts.com/tek/address/BqRKDoDh9ZDShkee6NDf2LTSALsQ2XRAai

looks like Cryptsy's wallet.

A few things to consider:
If it is indeed Cryptsy's wallet, that means they are making profit off this coin and less likely to delist it in times of low volume.
I'm not defending their actions for sure, but we are vulnerable with only this one exchange. Bittrex seems fickle and would likely delist it in a bear market. It might be better to make a bounty and go for a big Chinese exchange like BTC38. With 2500+ BTC volume/day and lots of new eyes, TEK might do better there. JMHO.
One more thing: The higher the difficulty, the less coins are issued, which means every coin is more valuable. So in the end, your overall wealth may be the same regardless. If you consolidate your blocks, you should stake before Cryptsy with its many small blocks. At least that's what I've noticed. Even at .003+, my big blocks stake almost immediately.

They do stake immediately, but the number of blocks in that big wallet staking every min is what making the PoS difficulty go so high.

https://bitcoinfundingteam.com/ref/SatoshiTeam
turn 0.1 BTC to 80BTC week after week!!!
vegasguy
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July 05, 2015, 03:29:55 PM
 #3897

AND ... Its going to inflate the money supply and make tek worthless. Im not sure what to do here.

Vegas

I want to make sure everyone knows that I just released my software called "Yobit pump alert". THis is custom software that uses an algo to detect the start of a pump here on yobit, the second it starts. YOu can even filter the coins you see by price. Most pumps start less than 100 sats , so you can easily filter the cheap coins, so they are the only ones displayed Smiley https://bitcointalk.org/index.php?topic=1945937.msg20241953#msg20241953
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July 05, 2015, 04:57:43 PM
 #3898

if cryptsy is staking, wont that lower the inflation when the diff goes up?

Fortune Favors the Brave
Borderless CorpEXPANSETokenlabEXREXP.LIFEFranko Is Freedom
gribgo
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July 05, 2015, 05:21:46 PM
 #3899

Hi! All
I Think it is not goodfor High POS coin to go lower and lower on staking
And it adds another X in the formula instead well known 40%
The best thing here was that you could look at TEK coins as hashing power and could predict the income, but if you have X hashing power and unknown result of waiting (holding\staking) the coin
..
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July 05, 2015, 05:45:28 PM
 #3900

Hi! All
I Think it is not goodfor High POS coin to go lower and lower on staking
And it adds another X in the formula instead well known 40%
The best thing here was that you could look at TEK coins as hashing power and could predict the income, but if you have X hashing power and unknown result of waiting (holding\staking) the coin
..


Very good point.  Things can be adjusted. Reaching a consensus on what is best is unlikely. However we may have a large majority of people in agreement on the direction they would like to see Tekcoin proceed. Perhaps it is time for all of us to collaborate, come up with a list of possibilities get some user feedback.
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