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Author Topic: [ANN] ★★ EBT Coin - Entropybit 100% PoS - Multipool - Bugfix version 4.0.3! ★★  (Read 130376 times)
DannyTom
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February 23, 2014, 11:16:49 PM
 #481

I wish I was the whale lol...lousy 30khash.

BTQ:  17NEp7WtUZt4V5RiFP6YHxD1hcte7U3sB8
LTC:  LeyXcTFxC5Ku3KDUyhwDHtLko1JwChd99h
FTC:  6n56LJKYrdgmsougCCjenLFtpPTcjFQ829
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Nullu
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February 23, 2014, 11:26:27 PM
 #482

I wish I was the whale lol...lousy 30khash.

Difficulty is still really low, so it's profitable now at any level, but even more so when EBT takes off. I haven't sold any EBT, and I do not plan to for a very long time.

BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
lazycoins
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February 23, 2014, 11:26:53 PM
 #483

Posted on the facebook page. 



Think this is the only coin with great comic effect and can really catch on if the community comes up with more EBT memes.

Lazycoins will show their support by giving you guys fast and secure platform to trade it on. We are working very hard to launch beta this coming week for updates follow us on Follow us on twitter https://twitter.com/LazyCoins.


lasciv
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February 23, 2014, 11:28:56 PM
 #484

I wish I was the whale lol...lousy 30khash.

that whale really likes PoS..  Tongue
Nullu
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February 23, 2014, 11:29:02 PM
 #485

Looking forward to EBT being listed on lazycoins.

I totally agree we need more images like this. Not what I was expecting when I started mining EBT, but I think it's great.

BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
ickyt2012
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February 23, 2014, 11:45:18 PM
 #486

I wish I was the whale lol...lousy 30khash.

Difficulty is still really low, so it's profitable now at any level, but even more so when EBT takes off. I haven't sold any EBT, and I do not plan to for a very long time.

I sold..
And bought and sold and bought.
Now I have 5 times what I started with. Thanks dumpers!

Cryptocurrency.... because hey, fiat money is just imaginary too
Nullu
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February 23, 2014, 11:47:17 PM
 #487

I wish I was the whale lol...lousy 30khash.

Difficulty is still really low, so it's profitable now at any level, but even more so when EBT takes off. I haven't sold any EBT, and I do not plan to for a very long time.

I sold..
And bought and sold and bought.
Now I have 5 times what I started with. Thanks dumpers!

Nice work. EBT favours the brave. Wink

BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
ickyt2012
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February 23, 2014, 11:52:59 PM
 #488

Quote
Proof of Stake explained:

    100.00 EBT mature over a 90-day period.
    From Day 1 through Day 30, there is no change, but the coins "age" in the background
    On Day 30, Your coins become eligible for PoS minting
    From Day 31 through Day 90, Your chances of hitting a PoS block increase. After day 90 your chances dont get any better.
    When a Stake block is hit the input that was used gets locked for 25 blocks as the POS block matures. It is moved to the stake column and a transaction will appear in your wallet for 10 EBT
    After 25 blocks your 100EBT is returned and your 10 EBT is confirmed leaving you with 110 EBT

So I get the basics of PoS and I know its been explained several times. But is it possible to get a better estimate of the bottom line of exactly how much interest is earned? What are the "chances" of hitting a PoS block?
More specifically, if you start with a nice round 1 million PoS, on average what is the expected balance after 90 days?
Is this interest compounded within a single 90-day period? If a PoS block is hit, are you eligible to hit additional PoS blocks within the 90-day period or is it capped at a maximum of 10% return per 90 days? Additionally, what are the chances of never hitting a PoS block within 90 days or 365 days and earning zero interest?

Cryptocurrency.... because hey, fiat money is just imaginary too
Nullu
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February 23, 2014, 11:59:51 PM
 #489

You sitting on 1 mill icky?  Wink

BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
ickyt2012
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February 24, 2014, 12:00:37 AM
 #490

You sitting on 1 mill icky?  Wink

No, I traded well, but not that well. I was just using a round number.

Cryptocurrency.... because hey, fiat money is just imaginary too
Nullu
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February 24, 2014, 12:02:41 AM
 #491

You sitting on 1 mill icky?  Wink

No, I traded well, but not that well. I was just using a round number.

We need someone to come up with a nice spreadsheet to show the PoS rewards. That would really help.

Small bounty dev for a good PoS chart for EBT earnings?

BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
Jeezy911
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February 24, 2014, 12:47:31 AM
 #492

Next mintcoin do I smell? Mining the shit out of this.

Nullu
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February 24, 2014, 12:51:27 AM
 #493

Next mintcoin do I smell? Mining the shit out of this.

Was hoping to get a few more before the rush..

BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
lajz99
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February 24, 2014, 01:09:49 AM
 #494


ickyt2012
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February 24, 2014, 01:19:57 AM
 #495

Screw it, I'm going in big...

<throws money at exchange>

Cryptocurrency.... because hey, fiat money is just imaginary too
willempie
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February 24, 2014, 01:46:04 AM
 #496

Yeah dude guess who Wink gonna be big paycheck end of the month when the worth and diff arise im the whaler! haha

Wanna get 5% interest DAILY on ur bitcoins ? http://bit.ly/1cQACku
ickyt2012
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February 24, 2014, 03:36:37 AM
 #497

Yeah dude guess who Wink gonna be big paycheck end of the month when the worth and diff arise im the whaler! haha

Welcome
Care to share what you think a fair price for this coin is?

Cryptocurrency.... because hey, fiat money is just imaginary too
Jeezy911
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February 24, 2014, 03:39:06 AM
 #498

100 satoshi easy POW, POS is the future

DannyTom
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February 24, 2014, 04:01:34 AM
 #499

100 satoshi easy POW, POS is the future

Quite low-balling.  UTC is another PoS coin and it's currently at 0.0003984

Granted they have a bigger community and UTC is ASIC resistant, but EBT is a solid coin. 

EBT Dev's are active, community is growing rapidly, sites are getting ready to accept it (for goods, not more exchanges) and don't forget, even bitches take it!  Grin

I won't be selling EBT for less than 0.0001500 BTC in the beginning, but if people want to sell to me lower, I'm fine with that.


BTQ:  17NEp7WtUZt4V5RiFP6YHxD1hcte7U3sB8
LTC:  LeyXcTFxC5Ku3KDUyhwDHtLko1JwChd99h
FTC:  6n56LJKYrdgmsougCCjenLFtpPTcjFQ829
tx42
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February 24, 2014, 04:45:20 AM
 #500

POW, POS is the future

I could have told you that 3.5 weeks ago when EBT was brand new and I put 100% mining power on it.  Grin

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