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Author Topic: [ANN][RDD] Reddcoin The Social Currency [PoSV] Electrum Wallet 1.0.2  (Read 686629 times)
RenegadeMan
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August 07, 2014, 01:45:52 AM
 #4141

The interest of 5% is not okay. it looks only 15. RDD every 24 hour.
With 6 milj. in wallet. ???Yearly it is about 5.475 is 0.1%
http://litefeather.nl/download/RDD-wallet.png

Somebody understand?

Mmmm....something's not right husky1971. You should be getting far more than that.

By my calculations you've received about 54.1 RDD across three days, so extrapolating that out to a year, if it stays at that rate you'll get around 6587 RDD which (you're right) is about 0.1%

Maybe it will pick up but it's not a good start is it!

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fullintegrity
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August 07, 2014, 03:06:42 AM
 #4142

ok, somehow got the new wallet installed and it minted fine for a few days, then laptop crashed, rebooted, and i get this:

Problem signature:
  Problem Event Name:   APPCRASH
  Application Name:   reddcoin-qt.exe
  Application Version:   1.3.0.0
  Application Timestamp:   533a0180
  Fault Module Name:   reddcoin-qt.exe
  Fault Module Version:   1.3.0.0
  Fault Module Timestamp:   533a0180
  Exception Code:   40000015
  Exception Offset:   00cc6a71
  OS Version:   6.1.7600.2.0.0.768.3
  Locale ID:   1033
  Additional Information 1:   c900
  Additional Information 2:   c900d245fad170737ebee35c005166ea
  Additional Information 3:   9753
  Additional Information 4:   9753bb7df4b18cc9371f5ff086c4187a

Any help is appreciated...

1Lfx2Dv69BUgs5v18LtcLqFYKuiJvhxPYh
tekke
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August 07, 2014, 04:28:55 AM
 #4143

The price is taking a beating , more than 50% off in a week. Why the big dump?

Cryptmas.com
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August 07, 2014, 04:42:19 AM
 #4144

I need help...

I was very excited to start staking a few million REDD but am getting a bit frustrated. I placed a couple million coins in my wallet for a couple weeks now and my wallet was upgraded to 3.1.0 the day it came out. Like a kid at Christmas, I watched the "estimated time to earn a reward" go from 5 days, to 4, to 3, to 2 and then 1... where it has been sitting for about 3 days now.

I leave my wallet open all day and everything seems ok but it still says one day. Its getting a bit frustraiting.

Any ideas what to do? Am I blind and doing something wrong? Any assisance would be greatly appreciated.
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August 07, 2014, 04:54:23 AM
 #4145

I need help...

I was very excited to start staking a few million REDD but am getting a bit frustrated. I placed a couple million coins in my wallet for a couple weeks now and my wallet was upgraded to 3.1.0 the day it came out. Like a kid at Christmas, I watched the "estimated time to earn a reward" go from 5 days, to 4, to 3, to 2 and then 1... where it has been sitting for about 3 days now.

I leave my wallet open all day and everything seems ok but it still says one day. Its getting a bit frustraiting.

Any ideas what to do? Am I blind and doing something wrong? Any assisance would be greatly appreciated.


OK, I give up. after 3 days it finally updated... it now says 120169 days.
Any advice here?
youseeberkeley
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August 07, 2014, 05:28:35 AM
 #4146

I need help...

I was very excited to start staking a few million REDD but am getting a bit frustrated. I placed a couple million coins in my wallet for a couple weeks now and my wallet was upgraded to 3.1.0 the day it came out. Like a kid at Christmas, I watched the "estimated time to earn a reward" go from 5 days, to 4, to 3, to 2 and then 1... where it has been sitting for about 3 days now.

I leave my wallet open all day and everything seems ok but it still says one day. Its getting a bit frustraiting.

Any ideas what to do? Am I blind and doing something wrong? Any assisance would be greatly appreciated.


OK, I give up. after 3 days it finally updated... it now says 120169 days.
Any advice here?

Well, with a few million redd against all the others staking, it'll take some time for you to build up enough weight to stake, the time indicator is only an estimate, just give it a little more time, restart your pc, and hopefully stakes should be coming your way!

hadi
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August 07, 2014, 06:50:27 AM
 #4147

why dump again?
blg425
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August 07, 2014, 07:02:08 AM
 #4148

why dump again?

massive dump or something. 13 sats

Anders
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August 07, 2014, 07:22:25 AM
 #4149

I'm also skeptical about the social aspect of Reddcoin. It's supposed to be better than a 'Like' or '+1' and things like that. It will probably only make people who receive tips feel like whores.

haha, what!?!?

All those musicians and visual artists trying to start a career will def feel like whores. Not to mention the bloggers trying to compete with large scale media outlets... come on man... dumb statement of the day. I have doubts, mainly because crypto will make one pessimistic, but whores...

From a larger perspective all jobs are whore business basically. In the future automation will replace jobs so that we be free from having to "earn a living". No. More. Slavery. Baby.

EDIT: Today jobs are of course needed. I wrote about the long term perspective where exponential progress of technology will make the system work for people instead of people working for the system. That's why the social tipping idea feels like something for the 20th century rather than for the 21th century.
allcoinminer
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August 07, 2014, 07:23:43 AM
 #4150

why dump again?

massive dump or something. 13 sats

This is marking down. Strong hands accumulate at this time and Stronger hands sell at peak(Distribution).
Weaker hands Sells on low in panic and buy on top in euphoria. Similar to stock selling.
These two cycles goes on and on one by one throwing away the week hands and making strong hands wealthier.
Study the below images as identify where we are and act upon accordingly.











tianshi
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August 07, 2014, 07:25:53 AM
 #4151

RDD is another miracle.This coin become alive now!
Anders
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August 07, 2014, 07:29:13 AM
 #4152

I read on Reddit that big traders (sometimes called whales) buy a lot of altcoins and then there will be an automatic momentum where the smaller traders will cause an upswing of the price, and when the price has reached a certain level the whales sell all their altcoins and buy bitcoins, and the altcoin price drops. The whales keep their wealth in bitcoins and only use altcoins for temporary stunts like that. In this way the altcoin price is being drained.
allcoinminer
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August 07, 2014, 07:50:04 AM
 #4153

I read on Reddit that big traders (sometimes called whales) buy a lot of altcoins and then there will be an automatic momentum where the smaller traders will cause an upswing of the price, and when the price has reached a certain level the whales sell all their altcoins and buy bitcoins, and the altcoin price drops. The whales keep their wealth in bitcoins and only use altcoins for temporary stunts like that. In this way the altcoin price is being drained.


That is true but normal, its not applicable in all alt coins. Quality coin with good development team like ReddCoin survives.
Big fishes also spread bad news through medias, forum, artificial chart formations to Markdown as in my above post.
Anders
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August 07, 2014, 08:01:46 AM
 #4154

I read on Reddit that big traders (sometimes called whales) buy a lot of altcoins and then there will be an automatic momentum where the smaller traders will cause an upswing of the price, and when the price has reached a certain level the whales sell all their altcoins and buy bitcoins, and the altcoin price drops. The whales keep their wealth in bitcoins and only use altcoins for temporary stunts like that. In this way the altcoin price is being drained.


That is true but normal, its not applicable in all alt coins. Quality coin with good development team like ReddCoin survives.
Big fishes also spread bad news through medias, forum, artificial chart formations to Markdown as in my above post.

Maybe social tipping is a good idea after all. I'm not sure yet. For example a video website could compete with YouTube with a tipping system instead of intrusive ads. I like ads, when they are non-intrusive. YouTube has started with too much intrusive ads that force people to watch the ads for say 20 seconds, and even with ads that interrupt in the middle of a video! A video site with tipping could give content creators a better way of earning money, and then Reddcoin could be an excellent choice.
allcoinminer
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August 07, 2014, 08:11:31 AM
 #4155

I read on Reddit that big traders (sometimes called whales) buy a lot of altcoins and then there will be an automatic momentum where the smaller traders will cause an upswing of the price, and when the price has reached a certain level the whales sell all their altcoins and buy bitcoins, and the altcoin price drops. The whales keep their wealth in bitcoins and only use altcoins for temporary stunts like that. In this way the altcoin price is being drained.


That is true but normal, its not applicable in all alt coins. Quality coin with good development team like ReddCoin survives.
Big fishes also spread bad news through medias, forum, artificial chart formations to Markdown as in my above post.

Maybe social tipping is a good idea after all. I'm not sure yet. For example a video website could compete with YouTube with a tipping system instead of intrusive ads. I like ads, when they are non-intrusive. YouTube has started with too much intrusive ads that force people to watch the ads for say 20 seconds, and even with ads that interrupt in the middle of a video! A video site with tipping could give content creators a better way of earning money, and then Reddcoin could be an excellent choice.

Why I love ReddCoin is their business model, it has a good future and their professionalism.
hadi
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August 07, 2014, 08:19:38 AM
 #4156

I read on Reddit that big traders (sometimes called whales) buy a lot of altcoins and then there will be an automatic momentum where the smaller traders will cause an upswing of the price, and when the price has reached a certain level the whales sell all their altcoins and buy bitcoins, and the altcoin price drops. The whales keep their wealth in bitcoins and only use altcoins for temporary stunts like that. In this way the altcoin price is being drained.


That is true but normal, its not applicable in all alt coins. Quality coin with good development team like ReddCoin survives.
Big fishes also spread bad news through medias, forum, artificial chart formations to Markdown as in my above post.

Maybe social tipping is a good idea after all. I'm not sure yet. For example a video website could compete with YouTube with a tipping system instead of intrusive ads. I like ads, when they are non-intrusive. YouTube has started with too much intrusive ads that force people to watch the ads for say 20 seconds, and even with ads that interrupt in the middle of a video! A video site with tipping could give content creators a better way of earning money, and then Reddcoin could be an excellent choice.

Why I love ReddCoin is their business model, it has a good future and their professionalism.



I cant see any future if drop under 10 sat.
allcoinminer
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August 07, 2014, 08:21:19 AM
 #4157

I read on Reddit that big traders (sometimes called whales) buy a lot of altcoins and then there will be an automatic momentum where the smaller traders will cause an upswing of the price, and when the price has reached a certain level the whales sell all their altcoins and buy bitcoins, and the altcoin price drops. The whales keep their wealth in bitcoins and only use altcoins for temporary stunts like that. In this way the altcoin price is being drained.


That is true but normal, its not applicable in all alt coins. Quality coin with good development team like ReddCoin survives.
Big fishes also spread bad news through medias, forum, artificial chart formations to Markdown as in my above post.

Maybe social tipping is a good idea after all. I'm not sure yet. For example a video website could compete with YouTube with a tipping system instead of intrusive ads. I like ads, when they are non-intrusive. YouTube has started with too much intrusive ads that force people to watch the ads for say 20 seconds, and even with ads that interrupt in the middle of a video! A video site with tipping could give content creators a better way of earning money, and then Reddcoin could be an excellent choice.

Why I love ReddCoin is their business model, it has a good future and their professionalism.



I cant see any future if drop under 10 sat.


I'm not arguing, but post solid the reasons when you fix a statement.
Anders
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August 07, 2014, 08:47:12 AM
 #4158

I read on Reddit that big traders (sometimes called whales) buy a lot of altcoins and then there will be an automatic momentum where the smaller traders will cause an upswing of the price, and when the price has reached a certain level the whales sell all their altcoins and buy bitcoins, and the altcoin price drops. The whales keep their wealth in bitcoins and only use altcoins for temporary stunts like that. In this way the altcoin price is being drained.


That is true but normal, its not applicable in all alt coins. Quality coin with good development team like ReddCoin survives.
Big fishes also spread bad news through medias, forum, artificial chart formations to Markdown as in my above post.

Maybe social tipping is a good idea after all. I'm not sure yet. For example a video website could compete with YouTube with a tipping system instead of intrusive ads. I like ads, when they are non-intrusive. YouTube has started with too much intrusive ads that force people to watch the ads for say 20 seconds, and even with ads that interrupt in the middle of a video! A video site with tipping could give content creators a better way of earning money, and then Reddcoin could be an excellent choice.

Why I love ReddCoin is their business model, it has a good future and their professionalism.


I wonder if Reddcoin or Dogecoin will be best as a social currency. The proof of stake with velocity is an interesting idea, but will it work in practice? There will still be an incentive to hoard reddcoins because once they get minted (and their age being reset to zero) the coins can start to age again. So the PoSV algoritm seems to be basically the same as ordinary proof of stake with only a minor difference. Or maybe I have misunderstood how the PoSV algorithm works.

The interesting thing is that social currency is a different concept than the bitcoin "gold reserve" model. If Reddcoin or Dogecoin would become hugely popular, then they may even beat bitcoin as a currency for shopping etc. Bitcoin is excellent as an investment currency, not so much as a general currency.
husky1971
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August 07, 2014, 09:00:48 AM
 #4159

I read on Reddit that big traders (sometimes called whales) buy a lot of altcoins and then there will be an automatic momentum where the smaller traders will cause an upswing of the price, and when the price has reached a certain level the whales sell all their altcoins and buy bitcoins, and the altcoin price drops. The whales keep their wealth in bitcoins and only use altcoins for temporary stunts like that. In this way the altcoin price is being drained.


That is true but normal, its not applicable in all alt coins. Quality coin with good development team like ReddCoin survives.
Big fishes also spread bad news through medias, forum, artificial chart formations to Markdown as in my above post.

Maybe social tipping is a good idea after all. I'm not sure yet. For example a video website could compete with YouTube with a tipping system instead of intrusive ads. I like ads, when they are non-intrusive. YouTube has started with too much intrusive ads that force people to watch the ads for say 20 seconds, and even with ads that interrupt in the middle of a video! A video site with tipping could give content creators a better way of earning money, and then Reddcoin could be an excellent choice.

Why I love ReddCoin is their business model, it has a good future and their professionalism.



I cant see any future if drop under 10 sat.


I can see the first person who has 7 bilj. sold already 3 bilj. He was the first place blockexpr. I think he gone sells all his coins. I follow the blockexplorer from 2 aug.
husky1971
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August 07, 2014, 09:04:12 AM
 #4160

I read on Reddit that big traders (sometimes called whales) buy a lot of altcoins and then there will be an automatic momentum where the smaller traders will cause an upswing of the price, and when the price has reached a certain level the whales sell all their altcoins and buy bitcoins, and the altcoin price drops. The whales keep their wealth in bitcoins and only use altcoins for temporary stunts like that. In this way the altcoin price is being drained.


That is true but normal, its not applicable in all alt coins. Quality coin with good development team like ReddCoin survives.
Big fishes also spread bad news through medias, forum, artificial chart formations to Markdown as in my above post.

Maybe social tipping is a good idea after all. I'm not sure yet. For example a video website could compete with YouTube with a tipping system instead of intrusive ads. I like ads, when they are non-intrusive. YouTube has started with too much intrusive ads that force people to watch the ads for say 20 seconds, and even with ads that interrupt in the middle of a video! A video site with tipping could give content creators a better way of earning money, and then Reddcoin could be an excellent choice.

Why I love ReddCoin is their business model, it has a good future and their professionalism.



I cant see any future if drop under 10 sat.


I can see the first person who has 7 bilj. sold already 3 bilj. He was the first place blockexpr. I think he gone sells all his coins. I follow the blockexplorer from 2 aug.

About 10 people dumping the coins
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