[ANN][BITS][BITSTAR] POS ★ MULTIPOOL ★ ANON ★ In Wallet FIAT Exchange beta

[Bitstar_coin]

Given that a new wallet is shortly to be released, it might be better to just upgrade to it as a route towards solving existing problems.

Yes new wallet will have new version data, so we can finally block the users still not upgraded.

[jakiman]

Dev, could you update the OP and separate the coin supply of PoW & PoS? (with a note to check via block explorer?)
As many think it's 54 million right now when it's only 15.4 million currently and only about 21 million even after 1 year.

[QuadraQ]

Dev, could you update the OP and separate the coin supply of PoW & PoS? (with a note to check via block explorer?)
As many think it's 54 million right now when it's only 15.4 million currently and only about 21 million even after 1 year.

I agree that would be a good clarification, and I can update the subreddit to match.

[jakiman]

Just wanted to clarify the OP information a bit:

★ Coin Information
- Now full PoS (was Scrypt PoW)
- 24 hour PoS staking
- Total PoW+POS coin supply: 54.25 million. (PoW ended May 2014 at 15 million)
- Check current coin supply via http://explorer.bitstarcoin.com (Currently 15.4m)
- POS interest: 35%, 25%, 10% and 1% changing annually. (35% for 1st year)
- Only 4 confirmations for a transaction
- 80 confirmations for blocks to mature!
- Very low transaction fees ( 0.001 )
- NO IPO
- 3% premine (1.6m)

Premine breakdown
25% Mentelity Foundation charity (400k) http://www.mentelityfoundation.org
50% Giveaways via bounties, irc and multipool (800k - Almost none left!)
25% development of unseen advanced coin features (400k)

Premine expenditure information posted 2.5 months ago for transparency:
https://bitcointalk.org/index.php?topic=574652.msg6405253#msg6405253

Do note that this coin was launched nearly 3 MONTHS ago! With a nice and long PoW period.
Dev is still very active & dedicated as you can all see. So it's not just a hit & run coin!

(Dev, feel free to correct anything if I made a mistake)

[Bitstar_coin]

Thanks, OP updated as per suggestions with jakiman additions.

[dimfot]

since when has the multipool paid last time? it's been 2 nad a half days and for some reason i have been paid nothing from all the four workers i have pointed..are payouts manual?

[cryptodevil]

Yes the payouts are manually done by the dev at this time and, because of Poloniex needing to resolve their BITS wallet issues, the payouts are delayed as BITTREX require an extremely high number of confirmations on some of the coins being sold to buy BITS.

Poloniex are aware of their wallet issue and will deal with it soon.

[dimfot]

i'm i gonna paid with the profitability of the day i started mining? or with the current?

[Bitstar_coin]

Payouts were delayed as we cannot currently buy from poloniex and somebody pumped the price on bittrex, so rather than get less coins for the users,  I decided it was best to wait for the pump to finish, which seems to be the case now.

The next payments are now processing, just waiting for exchanges (always seems to be the case). 

Payouts are done manually for multiple reasons, I can work on getting better prices by shopping around and people then cant guess when payouts are due and put prices up.

There should be payouts for all algorithms later today.

[dimfot]

thanks for the reply. can't wait for staking

[cryptodevil]

Poloniex BITS wallet is fixed and functioning properly again.

[Bitstar_coin]

Poloniex BITS wallet is fixed and functioning properly again.

I can confirm, I have tested and withdraw now works.

[zugvogel21]

So I have been mining at Bitstar multi pool for over 24 hours and have not yet received one payment.

When will they be made.

Kind regards

[thisisit]

Nice to see movement on the coin. Someone just bought 1btc worth.

Keep up the good work

[Bitstar_coin]

So I have been mining at Bitstar multi pool for over 24 hours and have not yet received one payment.

When will they be made.

Kind regards

Read back a few posts please.

[GTO73]

How times is needed fo have  amature coins, still 21 days?


Edit: a read it in first page, is 24 hours 

[barryzand]

Payouts were delayed as we cannot currently buy from poloniex and somebody pumped the price on bittrex, so rather than get less coins for the users,  I decided it was best to wait for the pump to finish, which seems to be the case now.

The next payments are now processing, just waiting for exchanges (always seems to be the case). 

Payouts are done manually for multiple reasons, I can work on getting better prices by shopping around and people then cant guess when payouts are due and put prices up.

There should be payouts for all algorithms later today.

you sure its a pump.... could be new interest?

[Bitstar_coin]

Payouts were delayed as we cannot currently buy from poloniex and somebody pumped the price on bittrex, so rather than get less coins for the users,  I decided it was best to wait for the pump to finish, which seems to be the case now.

The next payments are now processing, just waiting for exchanges (always seems to be the case). 

Payouts are done manually for multiple reasons, I can work on getting better prices by shopping around and people then cant guess when payouts are due and put prices up.

There should be payouts for all algorithms later today.

you sure its a pump.... could be new interest?

Agreed... a lot of it is new interest, but price was inflated beyond that yesterday so I thought it best to wait to do payouts.

[_theone]

think there is some new interest.

[jakiman]

While there is new interest, there needs to be some sweets to keep them interested.