★ ZEIT ★ [COMMUNITY & KNIGHTS] [ULTRA LOW INFLATION] [MICRO-PAYMENTS]

[LionOfNarnia]

Is it possible that ZEIT will costs more than 2-3 satoshi? And when that could happened?)

"Yes", and "Nobody knows".

If you can't/won't wait until the coin matures, I'll give you a sat & a half each for them

[1714582817]

1714582817

[1714582817]

1714582817

[buzz2708]

Is it possible that ZEIT will costs more than 2-3 satoshi? And when that could happened?)

this coin is 16 days old

I know that, I'm mining coin from launch. For example, I have no ideea what will be with price after payout will be fixed at 1 coin per block? How I understand (sorry, if I'm worng) coin will die   . May be anyone can explain this thing?
Thanks.

[LionOfNarnia]

Is it possible that ZEIT will costs more than 2-3 satoshi? And when that could happened?)

this coin is 16 days old

I know that, I'm mining coin from launch. For example, I have no ideea what will be with price after payout will be fixed at 1 coin per block? How I understand (sorry, if I'm worng) coin will die   . May be anyone can explain this thing?
Thanks.

Ahhh!

Now that is a MUCH more interesting question!

As I see it, regardless of PoS, after week six (1 coin per block reward) in order to survive this coin still needs to somewhere close to as profitable as Litecoin to mine. i.e. around 4 dollars/day/1Mhs.

If you look at other coins which have a sub-ten reward, you'll see that they tend to have a value in the range of several hundred satoshi to tens of thousands.

Our coin has the POTENTIAL to reach these levels IF everything goes well over the next few months.

Only those who believe & hold their nerve will benefit if this is so.

[BeholdTheTrueWake]

Good morning everybody

Seems like I missed some lively discussions overnight.

My 2 satsworth?

Whilst it's great to start thinking about the future, maybe we are trying to run marathons before we're out of nappies (diapers for you colonials )

This coin is only 16 days old!

Detailed discussions about HOW to advance the ideals of ZGM/ZC are perhaps best left until we have our own forum, not on one thread here. There will be things that need to be discussed in detail, perhaps even in privacy, that are just IMPOSSIBLE here.

For now, I think the most important thing is to help people find & understand this coin & to be sensitive to what the Devs feel is the 'right' way to expend our energies for the good of the coin.

Gotta walk da pooch now, but I'll be back in an hour.

it's ok to have healthy aspirations and goals, if not, we wouldn't have reason to wake up each day. i agree, it's still early to create projects of that size, but i say let the dreamers dream and our imaginations go wild 
i came to this community for the change it can do, not the money, so forgive me if my mind is thinking ahead.

[IvanStolyar]

On cryptorush it costs 0.00000264 BTC per coin, but everyone talking about 1-2 satoshi per one. What that means?

[CoinQuest]

ATM I'm solomining on http://zeit.morecoins.org
Anyone care to join me? I won't give up. This block reward belongs to our community, we will crack it!

[CoinQuest]

OMG!! ZEIT just went up 50%!!!

[frant100]

On cryptorush it costs 0.00000264 BTC per coin, but everyone talking about 1-2 satoshi per one. What that means?

it means your looking at the wrong coin ZEIT was removed from cryptorush

[LionOfNarnia]

OMG!! ZEIT just went up 50%!!!

Not on MintPal or Coinex it didn't.

Where did you get that from?

[ponch85]

OMG!! ZEIT just went up 50%!!!

Not on MintPal or Coinex it didn't.

Where did you get that from?

worldcoinindex.com shows an increase of 50%, position 39
I think he meant this ...

[CoinQuest]

from 2 to 3 satoshi is a 50% increase. So it went up 50%!! BUY BUY BUY! HOLD HOLD HOLD!
If it goes back down to 2 satoshi it will only be a 33% decrease, ain't that beautiful  

[ydrogios]

ATM I'm solomining on http://zeit.morecoins.org
Anyone care to join me? I won't give up. This block reward belongs to our community, we will crack it!

I`ll join the pool again in half hour

[CoinQuest]

I`ll join the pool again in half hour

Cool! there are three workers in the pool atm. I'm churning away with 2 cpu's and 2 gpu's (nothing fancy)

[gimmezeit]

Seems as if some people already mine other coins to exchange them for ZEIT.

Doing this manually is not feasable for me so i use the opportunity to pick interesting coins and try them. If i dont like them i can still trade them for ZEIT later. However instead of doing this i would rather like to join a multipool to make use of the little computing power i have and help out the ZEIT market.

Is anyone in the process of or willing to create a multipool for ZEIT? If so i'm in.

[IvanStolyar]

from 2 to 3 satoshi is a 50% increase. So it went up 50%!! BUY BUY BUY! HOLD HOLD HOLD!
If it goes back down to 2 satoshi it will only be a 33% decrease, ain't that beautiful  

So we have an a 50-33=17 percent increase per one two-coins-to-three-coins-to-two-again hop? Sounds beatiful.

[LionOfNarnia]

ALERT

(Possible) Problem with ZeitCoin Withdrawals at Coinex

In the last hour I've tried to send 56k Z to 4 different wallet addies & each time it comes up-

ZEIT withdrawal failed 2 minutes ago
Errors: address is invalid

Is anyone else getting this or is it just me?

(I'm wary of 'cryptorush'-like problems reoccurring)

(..and yes, I've raised the issue with them, but no answer yet)

[gimmezeit]

from 2 to 3 satoshi is a 50% increase. So it went up 50%!! BUY BUY BUY! HOLD HOLD HOLD!
If it goes back down to 2 satoshi it will only be a 33% decrease, ain't that beautiful  

So we have an a 50-33=17 percent increase per one two-coins-to-three-coins-to-two-again hop? Sounds beatiful.

You two aren't serious right?  *scared look*

[IvanStolyar]

from 2 to 3 satoshi is a 50% increase. So it went up 50%!! BUY BUY BUY! HOLD HOLD HOLD!
If it goes back down to 2 satoshi it will only be a 33% decrease, ain't that beautiful  

So we have an a 50-33=17 percent increase per one two-coins-to-three-coins-to-two-again hop? Sounds beatiful.

You two aren't serious right?  *scared look*

Of course we are serious.
Doesn't we 2 looking like a not-business people?
AS you see, one hop means 17% cost increase. So, if it is N hops per day, with a sum of 50000 zeits at beginning we will have a
(50000*(1.17^N)) at daynight; if n ll be 20, wi ll have a 23.106*50000 zeits = 1 155 279.95 zeits!
and if one zeit ll be 0.0002 ztc per btc and with 1000 usd per btc, we gain merely a 221 060 $ per day, only for signing ZEITCOIN in a Twitter and a Facebook.

[CoinQuest]

from 2 to 3 satoshi is a 50% increase. So it went up 50%!! BUY BUY BUY! HOLD HOLD HOLD!
If it goes back down to 2 satoshi it will only be a 33% decrease, ain't that beautiful  

So we have an a 50-33=17 percent increase per one two-coins-to-three-coins-to-two-again hop? Sounds beatiful.

You two aren't serious right?  *scared look*

Well my math is solid.

[creativecuriosity]

from 2 to 3 satoshi is a 50% increase. So it went up 50%!! BUY BUY BUY! HOLD HOLD HOLD!
If it goes back down to 2 satoshi it will only be a 33% decrease, ain't that beautiful  

So we have an a 50-33=17 percent increase per one two-coins-to-three-coins-to-two-again hop? Sounds beatiful.

You two aren't serious right?  *scared look*

Of course we are serious.
Doesn't we 2 looking like a not-business people?
AS you see, one hop means 17% cost increase. So, if it is N hops per day, with a sum of 50000 zeits at beginning we will have a
(50000*(1.17^N)) at daynight; if n ll be 20, wi ll have a 23.106*50000 zeits = 1 155 279.95 zeits!
and if one zeit ll be 0.0002 ztc per btc and with 1000 usd per btc, we gain merely a 221 060 $ per day, only for signing ZEITCOIN in a Twitter and a Facebook.

Got a legit out loud laugh out of me with that one