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Question: ZEITCOIN
https://zeit-coin.net
https://zeit-knights.slack.com
https://t.me/zeit_coin

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Author Topic: ★ ZEIT ★ [COMMUNITY & KNIGHTS] [ULTRA LOW INFLATION] [MICRO-PAYMENTS]  (Read 1009210 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (3 posts by 1+ user deleted.)
BiffyMcBifferstein
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April 25, 2014, 01:14:35 AM
 #9001

thanks for the help guys im proud to say zeitcoin is my first proof of stake coin so im learning all this for the first time. it appears i had 5 incoming transactions on 4/4/14. today i had 4 stakes accepted and 3 orphan. so i guess i only missed one real stake.

Grats man. It's fun to watch the coins pile up over time without the hassle of mining hardware to produce them. Don't worry about the orphans, any coins that did not stake will keep trying until they do and when they do you'll receive additional compensation based on coinage. It's all good. Smiley

Yea, but even with 25% annual interest (slightly higher if compounded every 20 days), the gain can appear insignificant with the purchasing power of these coins swinging wildly in both directions. The crypto world is looking more and more like the pink sheets for penny stocks at wall street, complete with pump and dump. Even the stocks good, solid companies that are listed on such exchanges are subject to wild swings that have nothing to do with the company itself but everything to do with hedge funds and pump/dumpers manipulating prices. Such is the way  crytocoins work.

Perhaps the IRS wasn't so far off deciding to treat crypto currencies like stocks (from a tax perspective), except that these "stocks" can be exchanged for goods and services and aren't subject to dilution at the whim of the "corporation" (the Developers) without community (stockholder/stake holder) consent.

I don't disagree with this assessment.  A lot of these coins feel EXACTLY like penny stocks.

Zeitcoin - Mm3rSgi34U5RMnrdusjWeK8UuWNmJu1ogq | Bitcoin - 16bpb3FBFbSvfsvXKabf7C4Zwwgwpkc4vn | Litecoin - LKJhuU68SdMPnRC1EAFimS7KNs4dXs3yrf | Dogecoin - DDeez8PhqRJkGVsu1pTF9SZEWXz3ySke56
podizzle
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April 25, 2014, 02:07:29 AM
 #9002

just thought i would update people and say i received 5 stakes for all 5 of my transactions on 4/4/14! all is good! i also received 4 orphans that made me a little nervous but it turns out everything is working AOK!
Goattrading
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April 25, 2014, 06:43:16 AM
 #9003

just thought i would update people and say i received 5 stakes for all 5 of my transactions on 4/4/14! all is good! i also received 4 orphans that made me a little nervous but it turns out everything is working AOK!

Thank you for the update...
Its nice to see a coin with a working wallet  Grin

“I never ask a man what his business is, for it never interests me. What I ask him about are his thoughts and dreams.”
― H.P. Lovecraft
FJS
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April 25, 2014, 07:12:02 AM
 #9004

hey guys. sorry if this has been asked before, thread is a bit long with so many pages.
how does the minting in the wallet work? do i transfer coins there and forget about them or is there config that needs to be done?
solarion
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April 25, 2014, 07:20:04 AM
 #9005

hey guys. sorry if this has been asked before, thread is a bit long with so many pages.
how does the minting in the wallet work? do i transfer coins there and forget about them or is there config that needs to be done?

You can transfer Zeitcoin to your wallet and either leave the wallet running all the time or just load it for a day or two a week to get your stake coins. Either way I suggest you backup and encrypt the wallet and then unlock it only for minting(menu item). The coins mature in 20 days and will begin trying to stake if you do not move them during that time.
waldistons
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April 25, 2014, 09:44:49 AM
 #9006

I don't understand where do You get wallet with heartbleed fix??? Homepage download link is old wallet and in instructions page (link below windows download) there is a wallet version 1.0.2 with OpenSSL 1.0.1e 11 Feb 2013 !!! I see that other wallets that have implemented this SSL vulnerability has version OpenSSL 1.0.1g 7 Apr 2014

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  Semux uses 100% original codebase
  Superfast with 30 seconds instant finality
  Tested 5000 tx per block on open network
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FaSan
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April 25, 2014, 09:49:15 AM
 #9007

I don't understand where do You get wallet with heartbleed fix??? Homepage download link is old wallet and in instructions page (link below windows download) there is a wallet version 1.0.2 with OpenSSL 1.0.1e 11 Feb 2013 !!! I see that other wallets that have implemented this SSL vulnerability has version OpenSSL 1.0.1g 7 Apr 2014



here :

Done !

CoinControl feature and OpenSSL Hertbleed fix.


https://mega.co.nz/#!FBElgY7A!nNO2lMA3fjOdSG7inuIzCqObm5yjmZUPkZgHB7CnKCo


My Zeit Address : MhHF5so9BXMACzcZMQnE9uAL5qUahKFNkY


PS : you can delete the old DLL files. Don't need it anymore




FaSan



Wink
waldistons
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April 25, 2014, 10:24:19 AM
 #9008

Cheers @FaSan! 1K tip on Your way! Wink This wallet download link needs to be updated in OP and web page!

I just don't understand this coin control feature (is there any totorial how to use it?) and technical info how the minting works. I understand that it looks on coins that are at least 20 days old. But I receive minting amounts a lot less than 25% of transaction. What am I doing wrong?

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.SEMUX
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  Semux uses 100% original codebase
  Superfast with 30 seconds instant finality
  Tested 5000 tx per block on open network
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LionOfNarnia
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April 25, 2014, 10:55:37 AM
 #9009

Cheers @FaSan! 1K tip on Your way! Wink This wallet download link needs to be updated in OP and web page!

I just don't understand this coin control feature (is there any totorial how to use it?) and technical info how the minting works. I understand that it looks on coins that are at least 20 days old. But I receive minting amounts a lot less than 25% of transaction. What am I doing wrong?

FaSaN wallet is sound but not official. It will still be MANDATORY to update to official ZeitWallet (2.0.0.2 I believe) as soon as it is released. Obviously you've not read back even a page or two or you wouldn't be asking this Sad

Same for Minting, next time use the bloody search function!


(Where are my Ambassadors when I need them?)

Member of the UK Digital Currency Association * Bitrated user: LionOfNarnia. * Member of the ZeitKnights * Member of the Bytecent Community Team

"I don't always kill & eat things - but when I do it's because I'm a Lion & they were things"
ponch85
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April 25, 2014, 01:03:59 PM
 #9010

who is it that has made this perennial wall? what is the purpose of a wall from 400 btc

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April 25, 2014, 01:07:35 PM
Last edit: April 25, 2014, 01:22:07 PM by sdersdf2
 #9011

is Zeitcoin ever moving up from 4 on mintpal? Any updates on the multipool?
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April 25, 2014, 01:15:59 PM
 #9012

is Zeitcoin ever moving up from 4 on paypal? Any updates on the multipool?

Actually it will be moving down to 3 shortly on mintpal. People have to actually buy for the price to go up.
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April 25, 2014, 01:22:35 PM
 #9013

is Zeitcoin ever moving up from 4 on paypal? Any updates on the multipool?

Actually it will be moving down to 3 shortly on mintpal. People have to actually buy for the price to go up.

What's the deal with this coin - what's with the bulky sell order and buy order queues?
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April 25, 2014, 01:31:09 PM
 #9014

is Zeitcoin ever moving up from 4 on paypal? Any updates on the multipool?

Actually it will be moving down to 3 shortly on mintpal. People have to actually buy for the price to go up.

sorry you were saying?
solarion
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April 25, 2014, 01:33:49 PM
 #9015

is Zeitcoin ever moving up from 4 on paypal? Any updates on the multipool?

Actually it will be moving down to 3 shortly on mintpal. People have to actually buy for the price to go up.

What's the deal with this coin - what's with the bulky sell order and buy order queues?

Lots of people fancy themselves "daytraders" and flip flop back and forth between different coins all day. Some also put in buy and sell orders and then absorb the spread. All of this of course works better when the exchange you're on doesn't steal all your coins...but hey you can't have everything right?

This is not a Zeitcoin specific occurrence, many of these guys don't know much of anything about the coins they're sloshing around.
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April 25, 2014, 01:35:01 PM
 #9016

is Zeitcoin ever moving up from 4 on paypal? Any updates on the multipool?

Actually it will be moving down to 3 shortly on mintpal. People have to actually buy for the price to go up.

What's the deal with this coin - what's with the bulky sell order and buy order queues?

its a long term investment not a quick get rich ponzi skeme! but also I think its someones guinea pig, strange stuff going in on and around zeit  
atronite
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April 25, 2014, 01:39:36 PM
 #9017

is Zeitcoin ever moving up from 4 on paypal? Any updates on the multipool?

Actually it will be moving down to 3 shortly on mintpal. People have to actually buy for the price to go up.

What's the deal with this coin - what's with the bulky sell order and buy order queues?

its a long term investment not a quick get rich ponzi skeme! but also I think its someones guinea pig, strange stuff going in on and around zeit  

Actually weird stuff going on with all the POS coins, trading wise. With the implication that a BC person has been artificially suppressing MINTPAL prices, and maybe WC prices as well, makes me wonder if the same thing isn't happening with all the POS coins in order to make BC come out on top.
solarion
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April 25, 2014, 01:41:26 PM
 #9018

is Zeitcoin ever moving up from 4 on paypal? Any updates on the multipool?

Actually it will be moving down to 3 shortly on mintpal. People have to actually buy for the price to go up.

sorry you were saying?

I was saying that there's very little buy support of late, as evidenced by the sea of red on the recent market history.
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April 25, 2014, 01:52:33 PM
 #9019

is Zeitcoin ever moving up from 4 on paypal? Any updates on the multipool?

Actually it will be moving down to 3 shortly on mintpal. People have to actually buy for the price to go up.

sorry you were saying?

I was saying that there's very little buy support of late, as evidenced by the sea of red on the recent market history.

ye I was just looking at that! my bad haha  Grin
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April 25, 2014, 01:59:33 PM
 #9020

The bulky orders are because each step up is 20% at this point. Look up "pip" and "spread" on investopedia
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