[ANN] | SUQA | New X22i Algo | SWIFFTX | No ICO | No Pre-mine | %5 Apr Interest

[Cryptotourist]

I'm amazed at your cryptocurrency. It shows some of the best indicators on the stock exchange. It is stable in this market situation. I analyzed it. BTC and ETH are losing a huge percentage of its value. SUQA remain in a stable state.

Could you please elaborate a little further?

[pallas]

What happens when our time lock suqa has matured?  Will it move into another address?  I am using a software suqa wallet.  Please let me and some of us know what to expect when out coin is no longer locked

No, they won't move automatically, nor you need to do anything.
You will be able to spend the original amount, increased by the interests, when you need it.

[pallas]

Hey guys, have you tried the mobile wallet? Is it safe to use because it's a 3rd party wallet from coinomi, is it safe to input our private key in there? or just create a new account and send SUQA in there if we want try to use?

The mobile wallet (android app) is opensource, you can see it in our repo.
But, it's always better to use a different account, instead of importing an old one (unless you really need to).

[pallas]

Can somebody help me. My coins are time locked up until 12.12.2018. How can I transfer them to my new wallet before 30.11.2018. Or I'll lose my coins forever

If they are locked, you can't transfer them.
Did you send locked coins to the old web wallet? If so, we will arrange something, please PM me or cryplander on discord.

[cryptotamer01]

Can somebody help me. My coins are time locked up until 12.12.2018. How can I transfer them to my new wallet before 30.11.2018. Or I'll lose my coins forever

If they are locked, you can't transfer them.
Did you send locked coins to the old web wallet? If so, we will arrange something, please PM me or cryplander on discord.

Maybe members understood it wrong about or web wallet. No body needs  to worry about the core pc wallet because there are no changes even if you update it to the newest one. For your funds on your web browser wallet, We will help you not lose them so do not worry

[crairezx20]

Hello, guys just want to ask if how to import the private key to suqa core wallet?

The web wallet don't have an option to time-lock my balance just to make some interest for 1 to 3 months.

Do you know how to import my suqa address to suqa core? I have installed on my VPS.

[Javi_Anibarro]

Hello, guys just want to ask if how to import the private key to suqa core wallet?

The web wallet don't have an option to time-lock my balance just to make some interest for 1 to 3 months.

Do you know how to import my suqa address to suqa core? I have installed on my VPS.

Based on my understanding and my own experience, I used this command to import it ( importprivkey <your privatekey ).
I am using Windows wallet, open up my wallet and then go to 'Console' afterward type those command.
not sure if it works on Linux or not because I never try it before.

[crairezx20]

"importprivkey" it works but just notices when I type the help it shows bitcoin commands instead of suqa?

Let me ask if the 25% when investing my coins for 3 months still works?

[pallas]

"importprivkey" it works but just notices when I type the help it shows bitcoin commands instead of suqa?

Let me ask if the 25% when investing my coins for 3 months still works?

Our code is based on bitcoin core, so most of the commands are the same or similar.

[Javi_Anibarro]

"importprivkey" it works but just notices when I type the help it shows bitcoin commands instead of suqa?

Let me ask if the 25% when investing my coins for 3 months still works?

I believe you are talking about time-locking right? If you are asking that, Then the answer is yes and no. It is still working right now but its total interest is not 25% anymore.
Right now you will only get 5% annually or yearly.
that means every 3 months you will get approximately around 0.4%.

[cryptotamer01]

"importprivkey" it works but just notices when I type the help it shows bitcoin commands instead of suqa?

Let me ask if the 25% when investing my coins for 3 months still works?

I believe you are talking about time-locking right? If you are asking that, Then the answer is yes and no. It is still working right now but its total interest is not 25% anymore.
Right now you will only get 5% annually or yearly.
that means every 3 months you will get approximately around 0.4%.

Actually the monthly 2.5% interest is active until block 64800. After that monthly will be 0.41%.

[Javi_Anibarro]

"importprivkey" it works but just notices when I type the help it shows bitcoin commands instead of suqa?

Let me ask if the 25% when investing my coins for 3 months still works?

I believe you are talking about time-locking right? If you are asking that, Then the answer is yes and no. It is still working right now but its total interest is not 25% anymore.
Right now you will only get 5% annually or yearly.
that means every 3 months you will get approximately around 0.4%.

Actually the monthly 2.5% interest is active until block 64800. After that monthly will be 0.41%.

Oh right, miscalculated it.
Well, as far as I remembered it was 25% annually. Does not that mean it should be around 2% for every month? because 1 year of time is divided into 12 months.
25 / 12 = 2.08%.
I might be wrong again here, but it should be like that right?

[pallas]

yes: it's an annual interests rate, so you need to divide by 12 to get the monthly rate.

[arglbargl]

Got also a question about the locking of coins.
I locked a small amount of coins (100 Suqa) for 2 days and it said I will get 0.17 suqa interest.
After 2 days the original 100 suqa were unlocked again - fine. But where did the 0.17 suqa go?
Cant find them anywhere

In case you wanna check:
http://suqaexplorer.com/tx/a9e309462cf2b5d6586252e70925108e29e1a0e6d92d5c794d1e1f5f7c6159b6

thanks!

[pallas]

Got also a question about the locking of coins.
I locked a small amount of coins (100 Suqa) for 2 days and it said I will get 0.17 suqa interest.
After 2 days the original 100 suqa were unlocked again - fine. But where did the 0.17 suqa go?
Cant find them anywhere

In case you wanna check:
http://suqaexplorer.com/tx/a9e309462cf2b5d6586252e70925108e29e1a0e6d92d5c794d1e1f5f7c6159b6

thanks!

The transaction is in the chain and thus immutable.
The additional funds will be added over the original output, when it is spent.

[Cryptotourist]

I believe you are talking about time-locking right? If you are asking that, Then the answer is yes and no. It is still working right now but its total interest is not 25% anymore.

At the moment it is!!!

Right now you will only get 5% annually or yearly.

No, I think you got it a bit wrong.

For the first 3 months of the project - until block 64800 - or until around Xmas, it is 25% APR - annually that is, so 25/12 months = 2.0833% per month.
In reality if you time lock 100k SUQA for 4 weeks, at the end of the period you will have 102500 which is 2.5% per month (4 weeks to be exact & more than the above).
This only applies for the first 3 months or until around Xmas as mentioned (block 64800).

After that it will be 5% APR (annually again) 5/12 ≈ 0.42% interest per month, or maybe again a little more (I'm hoping for 0.5% monthly), we will just have to wait & see how the team implements this.
In either case after Xmas it will be 1/5 to 1/4 of what it is now.

So not for three months in general, only for the first three months of the project, SUQA yields higher interest rates (X4, X5) than what it will in the very near future - after the first three month period - thus by the end of 2018 Xmas period.

Sorry for repeating myself, just wanted to make things clear.

[SUQAFOUNDATION]

Today between 00:00 - 04:00  UTC+3 Time. Our web server will have a planned maintenance. We don't expect any downtime but if we do have please do not worry 

[arglbargl]

The transaction is in the chain and thus immutable.
The additional funds will be added over the original output, when it is spent.

Yep, that worked. Thanks!

[juhakall]

Launched a new PPS pool for SUQA, http://suqa.elitehash.net. Direct copy of my other PPS pools, with the newest updates. As usual, you'll get paid good rates without variance, even if you were the only miner on the pool. Payout rates have traditionally been under constant change at Elitehash pools, right now it's 99.2% on SUQA, meaning 0.8% fee. Displaying it that way starts to make more sense when it goes over 100%

[coloseum]

Launched a new PPS pool for SUQA, http://suqa.elitehash.net. Direct copy of my other PPS pools, with the newest updates. As usual, you'll get paid good rates without variance, even if you were the only miner on the pool. Payout rates have traditionally been under constant change at Elitehash pools, right now it's 99.2% on SUQA, meaning 0.8% fee. Displaying it that way starts to make more sense when it goes over 100%

Sounds like your PPS pool has very stable payment mechanism for its users.
If you can maintain its stable over long period, during rocketing time of price (in the future), your pool will catch huge attention and become great some day later.