loganj
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April 03, 2014, 09:54:03 PM |
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I can`t with 11k to be rich but to cover my expenses and have a very small profit
people don't get pos. Let's say it's even 10%. So in a year you get an extra 1100, which you probably won't since you won't be able to hold that long or you will move coins around. Even at 5000 sat you would have made about 20 bucks at today's price. It's a small incentive to keep the coin moving and may be lucrative to heavy hands so be careful with a large percentage of stake.
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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TetraHect0rCannabinol
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Activity: 101
Merit: 10
Twitter -> @z0rius
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April 03, 2014, 11:32:27 PM |
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Right im back, Let me answer a few post here : Also, just to be transparent about it so everyone knows, I am "putting my money where my mouth is" -- both in terms of support for the coin and in buy support: - I didn't take the bounty that was offered for creating the Blitz rich list ( http://www.blitzrich.com). - I just donated 25k BLTZ to the donation address Hect0r provided. - Finally, I bought 500k BLTZ at up to 225 satoshis last night. Ive updated the original post I made earlier to include the new transactions : https://bitcointalk.org/index.php?topic=509173.msg6050454#msg6050454 (I would include it in my sig but I have a sizeof limit of 50) If this coin goes PoS no reason it can't go .00005. Good luck to new dev. Hope they are active and Blitz finds a community manager too.
Thank you, Ill try my best to be, I do have other commitments but right now this coin is number 1. What would you guys like, we can go proof of stake yes, but is that all ? any other feature requests ? Ill be here for the next few hours, so either post here any requests and we can all vote on them or come in irc and lets discuss this, I dont just want to change this coin with others disagreeing.
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*Grabs a bottle of Whiskey* - Its official, Im crazyer than crazy, I Am Hect0r Baby
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Rigimon
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Activity: 84
Merit: 10
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April 04, 2014, 12:11:30 AM |
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Right im back, Let me answer a few post here : Also, just to be transparent about it so everyone knows, I am "putting my money where my mouth is" -- both in terms of support for the coin and in buy support: - I didn't take the bounty that was offered for creating the Blitz rich list ( http://www.blitzrich.com). - I just donated 25k BLTZ to the donation address Hect0r provided. - Finally, I bought 500k BLTZ at up to 225 satoshis last night. Ive updated the original post I made earlier to include the new transactions : https://bitcointalk.org/index.php?topic=509173.msg6050454#msg6050454 (I would include it in my sig but I have a sizeof limit of 50) If this coin goes PoS no reason it can't go .00005. Good luck to new dev. Hope they are active and Blitz finds a community manager too.
Thank you, Ill try my best to be, I do have other commitments but right now this coin is number 1. What would you guys like, we can go proof of stake yes, but is that all ? any other feature requests ? Ill be here for the next few hours, so either post here any requests and we can all vote on them or come in irc and lets discuss this, I dont just want to change this coin with others disagreeing. With you sir, this coin is going to the moon. I don't need anything else thank you.
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I am starving Please donate some WC so I can buy some food. WC: WX8vccXQ4nEhtAnMiMrMC5r95bsGpCKyth
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ipominer
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Mine the hottest new coins at ipoMiner.com
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April 04, 2014, 12:54:58 AM Last edit: April 04, 2014, 01:27:50 AM by ipominer |
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Implementing PoS will be a great start, and is the only real major item that is urgently needed. All other future development can be done over a longer timeframe.
Extra thanks again to Hect0r (TetraHect0rCannabinol) for picking up development of BLTZ!
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Jeezy911
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April 04, 2014, 02:10:39 AM |
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Very low interest rate please.
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TwinWinNerD
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Activity: 1680
Merit: 1001
CEO Bitpanda.com
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April 04, 2014, 02:21:04 AM |
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Very low interest rate please. POS means that there are no new coins found. It would probably be like NXT with only forging for transaction fees.
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loganj
Newbie
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Activity: 28
Merit: 0
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April 04, 2014, 02:28:27 AM |
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Very low interest rate please. POS means that there are no new coins found. It would probably be like NXT with only forging for transaction fees. No. Pos does mean new coins minted.
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Armando
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April 04, 2014, 02:31:24 AM |
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Right im back, Let me answer a few post here : Also, just to be transparent about it so everyone knows, I am "putting my money where my mouth is" -- both in terms of support for the coin and in buy support: - I didn't take the bounty that was offered for creating the Blitz rich list ( http://www.blitzrich.com). - I just donated 25k BLTZ to the donation address Hect0r provided. - Finally, I bought 500k BLTZ at up to 225 satoshis last night. Ive updated the original post I made earlier to include the new transactions : https://bitcointalk.org/index.php?topic=509173.msg6050454#msg6050454 (I would include it in my sig but I have a sizeof limit of 50) If this coin goes PoS no reason it can't go .00005. Good luck to new dev. Hope they are active and Blitz finds a community manager too.
Thank you, Ill try my best to be, I do have other commitments but right now this coin is number 1. What would you guys like, we can go proof of stake yes, but is that all ? any other feature requests ? Ill be here for the next few hours, so either post here any requests and we can all vote on them or come in irc and lets discuss this, I dont just want to change this coin with others disagreeing. PoS and multipool that will mine something hot from coinwarz top, and then convert to bitcoins and next to blitz is the most important, that can bring the coin to the top.
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driftwhisper
Member
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Activity: 62
Merit: 10
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April 04, 2014, 03:02:37 AM |
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just contacted poloniex exchange about adding blitz, they said it's on their list. Also volume is climbing.
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TetraHect0rCannabinol
Member
Offline
Activity: 101
Merit: 10
Twitter -> @z0rius
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April 04, 2014, 04:37:26 AM |
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Hello, A update from myself for a few of the posts I missed before : ...
If Hect0r can make this coin PoS and hook it up I am willing to send a nice sized bounty to him also well if you look here : https://bitcointalk.org/index.php?topic=509173.msg6050454#msg6050454Ive already had a reward to get this going, I dont need any more, however if you would like to donate this towards the original few in the ipo who got "screwed" then please do (well look at getting this setup sometime, talk to slavo or ipominer etc) Coins That supported BY Community .. i like this idea but dear all the relation between real\CRPT Community is built over integrity,honesty ,and trust . I real believe in the DEV perhaps he has some special-circumstances that prevent him to be present .""" we have to wait : IN CASE that he forget a bout the BLTZ the coin he create : We need to build a trust and honesty through BLTZ Community First.. BY : 1- Collect a bounty that match the IPO to pay the first peoples who trust BLTZ and contribute to It. 2-identifes new team leaders that can handle it . i think SALVO is the front line battle. 3-Keep -Voting in Diff EXG because Bittrx is ruining the coin (..Specially MintPAL and there is two Community-GA to Support that ...Here http://altcoingiveaways.com/index.php/topic,1366.0.html and http://[Suspicious link removed]/forum/index.php?topic=119.0 === If you want to participate PM) We can wait and see Because trust and honesty is very important factor ,,,,,,,,,,, look, all is well and good saying this, but in my own mind I do not think he will do anything other than dump his stash, I have put messages this thread and I have pm'ed him and he has not responded to me or others who have requested his attention. the only time ive seen him online is @ 6am the last 2 days and he still will not reply, that tells me exactly what I stated above. but its coming up to 6am now, so we will wait and see if he responds or even comes online. The best thing I can say right now on the exchange side is we're (ipominer / slavo) in discussion with exchanges now to make sure this is done correctly, but if other exchange owners / pool owners are here then please again join the irc and you will get the latest developments as they are typed, remember we're (not just me, or the others, but you who is reading this...) changing this, we have a chance to secure this coin and make something of it. I can`t with 11k to be rich but to cover my expenses and have a very small profit
people don't get pos. Let's say it's even 10%. So in a year you get an extra 1100, which you probably won't since you won't be able to hold that long or you will move coins around. Even at 5000 sat you would have made about 20 bucks at today's price. It's a small incentive to keep the coin moving and may be lucrative to heavy hands so be careful with a large percentage of stake. Im not revealing to much about the further developments yet as it is not my choice to say, however proof of stake is simple, you firstly mine your coins, you hold them for a small amount of time before they start maturing and gaining compound interest ( https://en.wikipedia.org/wiki/Compound_interest#Compound_Interest). Very low interest rate please. Well ok, does anyone want to start us off will a ball park figure of what would be a fair amount ? all are welcome to submit numbers, however the larger the more inflation, so think wisely on a percentage, but do not also forgot with pos you also have a minimum stake age and then a maximum stake age which is for how long it gains interest, with blackcoin (by rat4) the reward is 1%, the age minimum is 8 hours and the maximum is unlimited. Hect0r.
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*Grabs a bottle of Whiskey* - Its official, Im crazyer than crazy, I Am Hect0r Baby
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coine_smithe
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April 04, 2014, 05:37:19 AM |
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Hello, A update from myself for a few of the posts I missed before : ...
If Hect0r can make this coin PoS and hook it up I am willing to send a nice sized bounty to him also well if you look here : https://bitcointalk.org/index.php?topic=509173.msg6050454#msg6050454Ive already had a reward to get this going, I dont need any more, however if you would like to donate this towards the original few in the ipo who got "screwed" then please do (well look at getting this setup sometime, talk to slavo or ipominer etc) Coins That supported BY Community .. i like this idea but dear all the relation between real\CRPT Community is built over integrity,honesty ,and trust . I real believe in the DEV perhaps he has some special-circumstances that prevent him to be present .""" we have to wait : IN CASE that he forget a bout the BLTZ the coin he create : We need to build a trust and honesty through BLTZ Community First.. BY : 1- Collect a bounty that match the IPO to pay the first peoples who trust BLTZ and contribute to It. 2-identifes new team leaders that can handle it . i think SALVO is the front line battle. 3-Keep -Voting in Diff EXG because Bittrx is ruining the coin (..Specially MintPAL and there is two Community-GA to Support that ...Here http://altcoingiveaways.com/index.php/topic,1366.0.html and http://[Suspicious link removed]/forum/index.php?topic=119.0 === If you want to participate PM) We can wait and see Because trust and honesty is very important factor ,,,,,,,,,,, look, all is well and good saying this, but in my own mind I do not think he will do anything other than dump his stash, I have put messages this thread and I have pm'ed him and he has not responded to me or others who have requested his attention. the only time ive seen him online is @ 6am the last 2 days and he still will not reply, that tells me exactly what I stated above. but its coming up to 6am now, so we will wait and see if he responds or even comes online. The best thing I can say right now on the exchange side is we're (ipominer / slavo) in discussion with exchanges now to make sure this is done correctly, but if other exchange owners / pool owners are here then please again join the irc and you will get the latest developments as they are typed, remember we're (not just me, or the others, but you who is reading this...) changing this, we have a chance to secure this coin and make something of it. I can`t with 11k to be rich but to cover my expenses and have a very small profit
people don't get pos. Let's say it's even 10%. So in a year you get an extra 1100, which you probably won't since you won't be able to hold that long or you will move coins around. Even at 5000 sat you would have made about 20 bucks at today's price. It's a small incentive to keep the coin moving and may be lucrative to heavy hands so be careful with a large percentage of stake. Im not revealing to much about the further developments yet as it is not my choice to say, however proof of stake is simple, you firstly mine your coins, you hold them for a small amount of time before they start maturing and gaining compound interest ( https://en.wikipedia.org/wiki/Compound_interest#Compound_Interest). Very low interest rate please. Well ok, does anyone want to start us off will a ball park figure of what would be a fair amount ? all are welcome to submit numbers, however the larger the more inflation, so think wisely on a percentage, but do not also forgot with pos you also have a minimum stake age and then a maximum stake age which is for how long it gains interest, with blackcoin (by rat4) the reward is 1%, the age minimum is 8 hours and the maximum is unlimited. Hect0r. .1% Interest for POS. Why? People think Blackcoin can go up so fast with its low interest for POS. If it is an even more ridiculously low amount people will still have an incentive to stake, but they will more importantly see .1% and think it could do even better than Blackcoin. Minimum stake age: 1 hour. Why? The super low interest will be offset by the super low stake age minimum. People will see that and think it is much more convenient to hold the coin for short periods, encouraging them to stake in between trading or buying and selling. Boom, 10K satoshi.
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KryptoKings
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April 04, 2014, 05:47:18 AM |
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Maybe having to keep the wallets open 10 days to stake? every 10 days 1%? Just throwing figures out there.
To get on an exchange like Mintpal we need BTC. I just sent Hect0r 12k Blitz to do as he thinks is necessary to get things rolling. I am willing to help out in the future with more bounties as needed. Lets make this one of the top communities in crypto!
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Jeezy911
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April 04, 2014, 05:50:14 AM |
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.001% per decade. Call it BOAS, Bank of America Stake.
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ipominer
Legendary
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Merit: 1000
Mine the hottest new coins at ipoMiner.com
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April 04, 2014, 06:43:17 AM |
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I think the best approach is to offer a reasonable rate of ~5%. Ultra-low and ultra-high rates are gimmicks.
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DRPD
Legendary
Offline
Activity: 1148
Merit: 1001
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April 04, 2014, 06:54:11 AM |
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Right im back, Let me answer a few post here : Also, just to be transparent about it so everyone knows, I am "putting my money where my mouth is" -- both in terms of support for the coin and in buy support: - I didn't take the bounty that was offered for creating the Blitz rich list ( http://www.blitzrich.com). - I just donated 25k BLTZ to the donation address Hect0r provided. - Finally, I bought 500k BLTZ at up to 225 satoshis last night. Ive updated the original post I made earlier to include the new transactions : https://bitcointalk.org/index.php?topic=509173.msg6050454#msg6050454 (I would include it in my sig but I have a sizeof limit of 50) If this coin goes PoS no reason it can't go .00005. Good luck to new dev. Hope they are active and Blitz finds a community manager too.
Thank you, Ill try my best to be, I do have other commitments but right now this coin is number 1. What would you guys like, we can go proof of stake yes, but is that all ? any other feature requests ? Ill be here for the next few hours, so either post here any requests and we can all vote on them or come in irc and lets discuss this, I dont just want to change this coin with others disagreeing. PoS and multipool that will mine something hot from coinwarz top, and then convert to bitcoins and next to blitz is the most important, that can bring the coin to the top.+1 i think this 2 points are good. thanks to TetraHect0rCannabinol and slavo for taking over!! edit: 5000 blitz from me Transaction ID: 7d8149b3f85e43fc7ca77cf349078640b3cd564b1caa734f91ae8569025362d4
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Hash72
Sr. Member
Offline
Activity: 294
Merit: 250
★YoBit.Net★ 350+ Coins Exchange & Dice
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April 04, 2014, 07:08:33 AM |
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just contacted poloniex exchange about adding blitz, they said it's on their list. Also volume is climbing.
Already i contact them 6 Days ago ...and here is : said 6 days ago Also WE ARE for Sure Trust EXG Which Is Honest to it is USERS ...Thanks Please add it Angela Celeste said 6 days ago Hi , I will add your coin to Tristan's watch list. Thank you very much, Angela Ticket: http://poloniex.freshdesk.com/helpdesk/tickets/1575H said 6 days ago Thanks Dear We Want to see it Here ...Keep UP the good work Angela Celeste said 6 days ago Hi , Yes, Tristan is taking his time at looking at coins, so I will say that nothing is moving very fast right now! Warm Regards, Angela Ticket: http://poloniex.freshdesk.com/helpdesk/tickets/1575But Before we make This coin as (Community - POS BLTZ)...we have to earn their trust back as i said before : no Trust=no community=BLTZ Alone.
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ipominer
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April 04, 2014, 07:40:36 AM |
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Any news is good news, Hash72 But in general, I'm quite happy with trading BLTZ on Bittrex. I don't see Poloniex as much of a step up, personally, as the volume likely wouldn't change all that much there. MintPal would probably add significant volume, but most other exchanges won't add a lot to BLTZ's volume right now.
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Hash72
Sr. Member
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Activity: 294
Merit: 250
★YoBit.Net★ 350+ Coins Exchange & Dice
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April 04, 2014, 07:58:34 AM |
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Any news is good news, Hash72 But in general, I'm quite happy with trading BLTZ on Bittrex. I don't see Poloniex as much of a step up, personally, as the volume likely wouldn't change all that much there. MintPal would probably add significant volume, but most other exchanges won't add a lot to BLTZ's volume right now. I agree with you ..we will have significant volume in MintPal ... there is urgent need to build a community that probably vote in without any Encouragement.
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Sy
Legendary
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Activity: 1484
Merit: 1003
Bounty Detective
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April 04, 2014, 09:19:36 AM |
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I never received my p2pool bounty....why?
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