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

[m33]

It was fine few days ago managed to get 28% stake , and big dump at nz exchange time to stock up!!

[Thunderhead]

It was fine few days ago managed to get 28% stake , and big dump at nz exchange time to stock up!!

Alright i guess we'll see. I was under impression that less than 100 tek there's no staking/coinage

Wasn't it mentioned that any thing lower than 100 will not stake ?

[vampirus]

It was fine few days ago managed to get 28% stake , and big dump at nz exchange time to stock up!!

Alright i guess we'll see. I was under impression that less than 100 tek there's no staking/coinage

Wasn't it mentioned that any thing lower than 100 will not stake ?

All coins will stake, just little inputs combine in one stake a little more then 100 TEK, and create not 2-100 blocks, but only 1.

[BuckNaked]

Wasn't it mentioned that any thing lower than 100 will not stake ?

Microstaking might continue a while ... as long as (a) old-version clients do not disconnect from the network, and (b) there are enough of them to validate stake blocks smaller than the new limit.

Perhaps one of the authors could speak to this issue.

[HolyWilly]

If I invest 1 BTC in TEK and get at least 30% per month, then I get 23 BTC after one year? Or may be it is some mistake?

[thundertoe]

If I invest 1 BTC in TEK and get at least 30% per month, then I get 23 BTC after one year? Or may be it is some mistake?

there is no "at least" in the code, recently we have seen rates hit as low as the 10% range. Also you need a 23 btc buy order to sell into. If everyone who buys TEKcoin promotes it the same as you would have to work to earn money say selling Amway or Avon, then they help ensure the future of their investments bringing in new investors to build that floor.  There is no free money in TEKcoin, you still need to buy low sell high, or stake and work to promote or develop for TEKcoin, and secure future buyers.

[steve321]

TEK blockchain updated on CryptoChainer.com.  Please avoid using direct links, as the link changes every time it's updated...

[Thunderhead]

If I invest 1 BTC in TEK and get at least 30% per month, then I get 23 BTC after one year? Or may be it is some mistake?

there is no "at least" in the code, recently we have seen rates hit as low as the 10% range. Also you need a 23 btc buy order to sell into. If everyone who buys TEKcoin promotes it the same as you would have to work to earn money say selling Amway or Avon, then they help ensure the future of their investments bringing in new investors to build that floor.  There is no free money in TEKcoin, you still need to buy low sell high, or stake and work to promote or develop for TEKcoin, and secure future buyers.

My floor bid for Tek at 119 for 10000 , and further down abit another 28000 let see who has weak hands .

[Joebwan]

If I invest 1 BTC in TEK and get at least 30% per month, then I get 23 BTC after one year? Or may be it is some mistake?

Gotta love compound interest!.

Even if you get 10% per month, and let it compound for a year you would end up with more then 3 times your initial investment. Beats the hell out of the .1 % you get in your savings account.

Point of interest: when doing your compound interest formula, remember that the balance only compounds 12 times per year, and that your interest rate is 12 times the monthly rate.

I folks really understood TEKs potential upside, it would be a very popular coin!

[kePd8CT5]

Hello, Thunder!
HardFork don't work! Microstaking might continue. Why?

[bumbacoin]

new OSX mac wallet-qt v2410

freshly steaming from the git

https://drive.google.com/file/d/0B5j8d4FSc7drb0xuR1hJVFQxWTg/view?usp=sharing



--
there's an address in the donation link in my sig if anyone feels appreciative enough

[Joebwan]

new OSX mac wallet-qt v2410

freshly steaming from the git

https://drive.google.com/file/d/0B5j8d4FSc7drb0xuR1hJVFQxWTg/view?usp=sharing



--
there's an address in the donation link in my sig if anyone feels appreciative enough

Dude! You rock.  Thanks.  Ill send more after I stake next.

[Joebwan]

Just a word of warning to you all.  The folks at YoBit are not responding to a support ticket that I placed on the 26th of March.  I had a buy order in for some coin, and only part of the order exercised, I was charged for the entire order.  I have repeatedly asked for help via the support ticket system, and they are ignoring me.

Hard to want to do business with a outfit that rips you off.  Just saying!

[Binary_Guy]

If I invest 1 BTC in TEK and get at least 30% per month, then I get 23 BTC after one year? Or may be it is some mistake?

Wrong, 1BTC staked monthly at 40% will yield 56.6BTC in exactly 1 year if you do not sell any of the stakes. You were not considering the compounding interest.

I made about 15 BTC in 3 months from Tek a while back. I bought around 1.2 BTC worth at around 1,000 sat, and staked for 3 months. Meanwhile, the price went up to over 5,000 sat and I couldn't resist taking my profit. True story.
 
Tek literally saved my trading career after I took huge losses from Litecoin and Bitcoin in early 2014. Tek has been around for a while and we should see a big rise in price soon. The dev has plans for it and is very active. With prices as cheap as they've ever been, NOW is the time to stock up and stake up!

[HolyWilly]

If I invest 1 BTC in TEK and get at least 30% per month, then I get 23 BTC after one year? Or may be it is some mistake?

Wrong, 1BTC staked monthly at 40% will yield 56.6BTC in exactly 1 year if you do not sell any of the stakes. You were not considering the compounding interest.

I made about 15 BTC in 3 months from Tek a while back. I bought around 1.2 BTC worth at around 1,000 sat, and staked for 3 months. Meanwhile, the price went up to over 5,000 sat and I couldn't resist taking my profit. True story.
 
Tek literally saved my trading career after I took huge losses from Litecoin and Bitcoin in early 2014. Tek has been around for a while and we should see a big rise in price soon. The dev has plans for it and is very active. With prices as cheap as they've ever been, NOW is the time to stock up and stake up!

Reed attentively, I said 30% not 40, because now you never get 40% or will be wait more then 30 day to get 40, and lost recapitalisation.
I made 8 BTC when buy TAK for 1 sat and sell for 9 on cryptsy, but now all my coins gone with cryptsy. True story.

[Biomech]

If I invest 1 BTC in TEK and get at least 30% per month, then I get 23 BTC after one year? Or may be it is some mistake?

Wrong, 1BTC staked monthly at 40% will yield 56.6BTC in exactly 1 year if you do not sell any of the stakes. You were not considering the compounding interest.

I made about 15 BTC in 3 months from Tek a while back. I bought around 1.2 BTC worth at around 1,000 sat, and staked for 3 months. Meanwhile, the price went up to over 5,000 sat and I couldn't resist taking my profit. True story.
 
Tek literally saved my trading career after I took huge losses from Litecoin and Bitcoin in early 2014. Tek has been around for a while and we should see a big rise in price soon. The dev has plans for it and is very active. With prices as cheap as they've ever been, NOW is the time to stock up and stake up!

Still overly simplistic, as this does NOT take into account trading prices. I've done alright with TEK, but at current prices, were I not altogether in stake profits now, I'd have lost money on the market downturn. I very distinctly remember 10K sats for a brief, shining moment. Sold off a lot back then, and bailed my ass out of a bad situation. But selling that same amount today wouldn't even get me 1BTC.

[Enema]

Hello, Thunder!
HardFork don't work! Microstaking might continue. Why?

Because it takes 30+ days to stake.
We should see what effect it has, if any, hardfork date + 30+ days.

[Enema]

How to micro stake with the new wallet.
Create 1000+ adds with micro stack.
Unless the wallet re-combines from all adds in wallet this should work quite well I think.

[Enema]

It was fine few days ago managed to get 28% stake , and big dump at nz exchange time to stock up!!

Are you also happy to know that these micro stakers picked up 500% compared to your poor 28% ?
 

[m33]

It was fine few days ago managed to get 28% stake , and big dump at nz exchange time to stock up!!

Are you also happy to know that these micro stakers picked up 500% compared to your poor 28% ?
 

Dear fellow tekhead

Happiness is a state of mind . I'm happy cause it always allow me to try new coins with the use of cold hard cash . I did not make 15 btc . But never the less I still happy . At least it's not a loss .
     "The past is a statement. The future is a question "

Time to return a favour, buy tek now at these price ... It's a steal