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

[podizzle]

Bank stocks are melting down. This YTD performance is alarming:

$C -21%
$BAC -21%
$GS -15%
$JPM -13%

[Coinmin]

Ya, that's not so easy to become ZeitKnight... 

[podizzle]

coinmin what exchange were you looking at

[kiklo]

Bank stocks are melting down. This YTD performance is alarming:

$C -21%
$BAC -21%
$GS -15%
$JPM -13%

Europe has negative rates, In 2016 the US will Join the Negative Interest Rate crowd.    
http://www.bloomberg.com/news/articles/2016-02-02/rates-less-than-zero-is-bank-stress-fed-wants-to-test-in-2016


 

FYI:
Possible Future 2020 Farmer to Consumer conversation:
Consumer:  How much Money for a Dozen Eggs?
Farmer    :  $100 US Dollars or 12 ZEIT ,    

[kiklo]

Ya, that's not so easy to become ZeitKnight...  

coinmin what exchange were you looking at

Markets

Cryptopia BTC  @ 2 sat    : ~ 18 million ZEIT   : ~.361            :US $ 135.05
Yobit       BTC  @2 sat     : ~ 21 million ZEIT   : ~.423            :US $ 158.24

Cryptopia LTC 165-380     :~ 40 million  ZEIT   : ~ 87 litecoins  :US $ 267.09

Buying all of that gets to : ~ 79 million ZEIT    : US$ 560.38

With 21 million left to go, you would have to buy up the rest at 3 & 4 sat and a little from 5 sat from Cryptopia & Yobit.
over US $225

Grand total to reach 100 million ZEIT from scratch would be over US$ 785.38
It will be higher next year, as our interest rate / Harvest rate cuts by a 3rd down to 5%  forever more.
(Going to start calling it Harvest Rate instead of Interest, since Harvest is more accurate than Mining or Interest)
(Instead of PoS which something else comes to mind first, maybe we should call ours PoH : Proof of Harvest )

If it was me, I would buy up to 2 sat on the LTC markets once a week for the next few weeks and if by March 10th or so had not reach my goal, would buy up the rest from the BTC markets. After buying let the market rest for a few days to see how much refills at below 2 sat.

Only One New Knight that buys all their ZEIT from Scratch would put ZEIT at ~5 sat .

 

FYI:
2015 @~1 Year old , it only cost a little over $78 to attain 100 Million ZEIT
2016 @~2 Years old, it does cost over $785 to attain 100 Million ZEIT
2017 @~3 Years old, $ ?? , I would not wait, another x10 would put it at over $7,850

[BitcoinNational]

FYI:
Possible Future 2020 Farmer to Consumer conversation:
Consumer:  How much Money for a Dozen Eggs?
Farmer    :  $100 US Dollars or 12 ZEIT ,     

odds are there won't be Federal Reserve Notes in 2020

[kiklo]

In the WTF NEWS

http://www.examiner.com/article/germany-proposes-new-cash-ban-and-capital-controls-as-europe-rushes-towards-nirp

Last Friday, Japan was the first major economy to cross the 'Rubicon' by implementing negative interest rates (NIRP) in an attempt to force their people to spend, and slow deflation as the 3rd largest economy moves into recession. However, in this Japan is not an island, with several other nations already preparing to do the same to protect their diminishing economies.

And in all of this there is one surprising country that appears to also be preparing for NIRP as on Feb. 3, coalition group of German legislators introduced a bill to limit the use of cash, and to ban the use of the 500 Euro bill in personal and non-bank transactions.

The significance of this is that when a central bank implements policies that make holding your money in a bank a liability, then the natural recourse is for depositors and account holders to simply take it out and move their wealth into assets that are either outside their nation's currency, or into commodities such as gold and silver which provide no benefit to an economy that desperately needs its people to spend and create inflation and growth.

Hmmm,  
Gold or Silver or Crypto ,
Soon to be a mad dash for the 2018 deadline of a World Wide Crypto Usage.    

 

FYI:
Now we know they are serious they created an acronym:    
negative interest rates Policy= NIRP    
http://www.investopedia.com/terms/n/negative-interest-rate-policy-nirp.asp

[stevegreer]

And that is why I keep a stash of silver bullion safely hidden away. And by "safely" I mean, NOT in a bank's safe deposit box. And of course, being firmly invested in our favorite crypto-currency as well. 

[kiklo]

ZEIT SNAPSHOT UPDATED TO 2-05-2016
OP Snapshot links also updated 


Filename:      ZeitBlockChainSnapShot-2-05-2016.zip
MD5:             349B4A9711A0DF8CD4272D3B6B8B8617
SHA1:            E3079BE6A75D375BEF84AE7254911664F44F35EB
SHA-256:        79434C0F3ADC54D62EBE1801D9202C03E56841853C04FFBC508BEAF1F8BE1BAF
http://onlinemd5.com can be used to verify the above checksums.

Go to Any of the Following Links to get a SnapShot of the Zeitcoin Blockchain.

http://www.mediafire.com/download/pl876bhl00spv3p/ZeitBlockChainSnapShot-2-05-2016.zip

https://mega.nz/#!WFhBTBaC!s_GSiAEEvfOGtQ8pFZnCsvR5f2ZEXwkyWpoprNODbmY


 

[lxxtikk]

ZEIT SNAPSHOT UPDATED TO 2-05-2016
OP Snapshot links also updated 


Filename:      ZeitBlockChainSnapShot-2-05-2016.zip
MD5:             349B4A9711A0DF8CD4272D3B6B8B8617
SHA1:            E3079BE6A75D375BEF84AE7254911664F44F35EB
SHA-256:        79434C0F3ADC54D62EBE1801D9202C03E56841853C04FFBC508BEAF1F8BE1BAF
http://onlinemd5.com can be used to verify the above checksums.

Go to Any of the Following Links to get a SnapShot of the Zeitcoin Blockchain.

http://www.mediafire.com/download/pl876bhl00spv3p/ZeitBlockChainSnapShot-2-05-2016.zip

https://mega.nz/#!WFhBTBaC!s_GSiAEEvfOGtQ8pFZnCsvR5f2ZEXwkyWpoprNODbmY


 

hi good job, can you make a link at main page for Snapshot and update it every month ,so we can find it at main page and download,thanks   

[kiklo]

ZEIT SNAPSHOT UPDATED TO 2-05-2016
OP Snapshot links also updated 


Filename:      ZeitBlockChainSnapShot-2-05-2016.zip
MD5:             349B4A9711A0DF8CD4272D3B6B8B8617
SHA1:            E3079BE6A75D375BEF84AE7254911664F44F35EB
SHA-256:        79434C0F3ADC54D62EBE1801D9202C03E56841853C04FFBC508BEAF1F8BE1BAF
http://onlinemd5.com can be used to verify the above checksums.

Go to Any of the Following Links to get a SnapShot of the Zeitcoin Blockchain.

http://www.mediafire.com/download/pl876bhl00spv3p/ZeitBlockChainSnapShot-2-05-2016.zip

https://mega.nz/#!WFhBTBaC!s_GSiAEEvfOGtQ8pFZnCsvR5f2ZEXwkyWpoprNODbmY


 

hi good job, can you make a link at main page for Snapshot and update it every month ,so we can find it at main page and download,thanks   

Dude, it is what I have been doing for months.        
These are the links on the OP, They will always have the latest snapshot.

Install Instructions for New Users , with Blockchain Snapshot or BootStrap

Upgrade Instructions for Current Users, with Blockchain Snapshot

 

[lxxtikk]

ZEIT SNAPSHOT UPDATED TO 2-05-2016
OP Snapshot links also updated 


Filename:      ZeitBlockChainSnapShot-2-05-2016.zip
MD5:             349B4A9711A0DF8CD4272D3B6B8B8617
SHA1:            E3079BE6A75D375BEF84AE7254911664F44F35EB
SHA-256:        79434C0F3ADC54D62EBE1801D9202C03E56841853C04FFBC508BEAF1F8BE1BAF
http://onlinemd5.com can be used to verify the above checksums.

Go to Any of the Following Links to get a SnapShot of the Zeitcoin Blockchain.

http://www.mediafire.com/download/pl876bhl00spv3p/ZeitBlockChainSnapShot-2-05-2016.zip

https://mega.nz/#!WFhBTBaC!s_GSiAEEvfOGtQ8pFZnCsvR5f2ZEXwkyWpoprNODbmY


 

hi good job, can you make a link at main page for Snapshot and update it every month ,so we can find it at main page and download,thanks   

Dude, it is what I have been doing for months.        
These are the links on the OP, They will always have the latest snapshot.

Install Instructions for New Users , with Blockchain Snapshot or BootStrap

Upgrade Instructions for Current Users, with Blockchain Snapshot

 

oh , i always thought that link is for July 02, 2015, 04:22:21 AM 
now i see ZeitBlockChainSnapShot-2-05-2016.zip  _ ok thanks 

[kiklo]

YOBIT EXCHANGE

ZEIT Wallet status: Maintenance

So withdrawals and deposits are delayed until they are finished.


 

[Varvarin]

..

FYI:
Now we know they are serious they created an acronym:    
negative interest rates Policy= NIRP    
http://www.investopedia.com/terms/n/negative-interest-rate-policy-nirp.asp

It's like those Derp animal pics but for money

Like so ..

[Coinmin]

ZEIT SNAPSHOT UPDATED TO 2-05-2016
OP Snapshot links also updated  


Filename:      ZeitBlockChainSnapShot-2-05-2016.zip
MD5:             349B4A9711A0DF8CD4272D3B6B8B8617
SHA1:            E3079BE6A75D375BEF84AE7254911664F44F35EB
SHA-256:        79434C0F3ADC54D62EBE1801D9202C03E56841853C04FFBC508BEAF1F8BE1BAF
http://onlinemd5.com can be used to verify the above checksums.

Go to Any of the Following Links to get a SnapShot of the Zeitcoin Blockchain.

http://www.mediafire.com/download/pl876bhl00spv3p/ZeitBlockChainSnapShot-2-05-2016.zip

https://mega.nz/#!WFhBTBaC!s_GSiAEEvfOGtQ8pFZnCsvR5f2ZEXwkyWpoprNODbmY


 

Special thanks for the snapshot!

EDIT: Can you please split this .zip file on mediafire to the 100Mb bloks in TotalCommander? Because I have very unstable connection last days and it's impossible to download even with DownloadMaster.

[kiklo]

Special thanks for the snapshot!

EDIT: Can you please split this .zip file on mediafire to the 100Mb bloks in TotalCommander? Because I have very unstable connection last days and it's impossible to download even with DownloadMaster.

Used Winrar to split the zip file into 16 separate 100mb rar files
Install winrar from http://rarlabs.com/download.htm
(total commander says it supports rar files, so you may not need the download)

Download the 16 files from :
https://www.mediafire.com/folder/q7nx9hb8c4dow/Blockchain_Split_into_100MB_rar_files

Then you can extract the original zip file out of the rar files, then you can unzip the blockchain.

Question for everyone,
I have to make the big zip file so users can compare the checksum if they so choose, but there is no reason, I can't also split that zip file using winrar.
Does everyone want a split file download option included in the future and if so what file size?
100mb, 250mb, 500mb, or 700mb ?

 

[podizzle]

i put some cheap ZEIT for sale on cryptopia LTC market. get it while its hot 

[kiklo]

In the Europe Fiat Banks Graph News
http://www.marketwatch.com/story/why-a-selloff-in-european-banks-is-ominous-2016-02-07
NIRP Preview Effects



 

FYI:
Starting to make Crypto look downright stable.  

[kiklo]

ZEIT EXCHANGE STATUS UPDATE 2-11-2016

CRYPTOPIA WORKING

SOUTHXCHANGE WORKING

YOBIT WORKING

 

[LionOfNarnia]

Just for info/discussion/derision

http://www.coindesk.com/microsoft-blockchain-azure-marley-gray/