placebo
Legendary
 Offline
Activity: 1120
Merit: 1000
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May 06, 2014, 01:29:21 PM |
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We are about 1/3 (15k Blocks) through the 10% POS phase with about 30k Blocks left for POS. We're #5 on Mintpal, lot's of upvote support and BTC donations - keep them coming! Still lots of coins to be made in 10%/day phase, and coin is very stable thanks to a competent Dev. If you haven't jumped on the train yet it should be quite an exciting next few weeks.
10000sats when we hit mintpal  Or at least 1000 sats  It's the most undervalued coin on the exchanges right now, 10000sats wouldn't even put us on par with whitecoin, but I'd take the 12x gain.  Are you planning to make me rich? I will have around 100K so that means 12BTC  |
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No Gods or Kings. Only Bitcoin
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ycz
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May 06, 2014, 01:32:18 PM |
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OK, for those of you who are running v1.0.0.1 with their wallet unlocked and yet don't think they are getting their 10% PoS:
First of all, have you received any PoS mining rewards since 4th May? If you have one in the last 24hrs yet it is far too small to be a 10% reward then something isnt right at all - suggest you backup your wallet.dat then flush all your YC files and the data folder from %user%/appdata/roaming, then reinstalling the new wallet from scratch.
If you haven't received any PoS mining reward at all (the crossed hammers symbol, listed as "mined" under Transactions) then close your YC wallet, wait 5 min and then reopen it and unlock it. Clcik the Help menu and "Debug Window", then from that window "Open" the debug log file. Start from the bottom end of the log and scroll up, you'll see a load of "IRC got who" lines then above that is the log of the wallet client starting. Important thing to look for is the "CPUMiner started for proof-of-stake" line, if its not there then your wallet isnt processing your PoS and you probably need to do the reinstall. There is a way you can disable the PoS CPUminer, but if you know enough to do that you probably dont need my help.
Assuming it all looks ok then you just need to be patient, and bear in mind how PoS works - I believe the YC system is based on that introduced originally by Peercoin, where the PoS minting process is dependent on your coin age in a sort of lottery process. Whilst your wallet is running and you have coins which have been sitting in it for longer than the required staking period (24 hours here), it will generate a block every so often attempting to "claim" your PoS reward. As in PoW mining your block has to be accepted by the network to be recorded as a successful transaction and your coins to be credited, otherwise it could be rejected as superceded (someone else beat you to it), or get orphaned as part of a rejected blockchain fork.
The PoS mining difficulty remains very low in order to make it possible for any CPU to create blocks, so that isnt used to enforce the 20sec block creation time. I'm guessing a bit here, and ppl are welcome to correct me, but looking at the blockchain explorer the critical factor seems to be average coin age, which is currently around 2.8 days. Bear in mind that when you receive a PoS reward the age of all your coins is reset to zero, so at the current rate you have to wait another 2 days and 20hrs to receive your next PoS reward. You dont lose out though, as you should get nearly 3 days worth of PoS interest then.
With so many actively staking wallets and a 20sec block time its not possible to average a daily payout, looks like around once every 3 days....
I do believe I will get nothing from PoS during the 10% PoS period. |
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Tingbulingso
Newbie
Offline
Activity: 31
Merit: 0
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May 06, 2014, 01:34:28 PM |
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Let us color the moon. So now the moon has color black, red, yellow, blue, white, and still more color is coming...
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placebo
Legendary
Offline
Activity: 1120
Merit: 1000
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May 06, 2014, 01:36:47 PM |
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Let us color the moon. So now the moon has color black, red, yellow, blue, white, and still more color is coming...
Yes, Citizen  that is the color of everything, and the code is almost finished PS: White was scam. Don't know if Blue is a success and Red is a old one. |
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auctioneeeeer
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May 06, 2014, 01:57:16 PM |
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Added a request for Cryptsy to pick this coin up!
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Specialkey
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May 06, 2014, 02:02:05 PM |
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We are about 1/3 (15k Blocks) through the 10% POS phase with about 30k Blocks left for POS. We're #5 on Mintpal, lot's of upvote support and BTC donations - keep them coming! Still lots of coins to be made in 10%/day phase, and coin is very stable thanks to a competent Dev. If you haven't jumped on the train yet it should be quite an exciting next few weeks.
10000sats when we hit mintpal Or at least 1000 sats It's the most undervalued coin on the exchanges right now, 10000sats wouldn't even put us on par with whitecoin, but I'd take the 12x gain. Are you planning to make me rich? I will have around 100K so that means 12BTC We will be soon rich. That is what I believe too;-) |
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placebo
Legendary
Offline
Activity: 1120
Merit: 1000
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May 06, 2014, 02:11:47 PM |
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I want a longer 10% stake per day so nice to see coin added to your wallet without spending electricity. |
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auctioneeeeer
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May 06, 2014, 02:18:04 PM |
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I want a longer 10% stake per day so nice to see coin added to your wallet without spending electricity. Still about 4-5 days to get in on the 10% daily POS. |
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placebo
Legendary
Offline
Activity: 1120
Merit: 1000
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May 06, 2014, 03:10:03 PM |
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Do i see 900 sats, YES I DO!!! And not a lot of people that want to sell their coins... TO THE MOON.  |
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placebo
Legendary
Offline
Activity: 1120
Merit: 1000
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May 06, 2014, 03:12:23 PM |
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Only at place 86 with a market cap of $104K. Terrible, i mean the marketcap, when you check that scam coin White is almost 10 times as high... and Black coin is 90 times that high...
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gentacomp
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May 06, 2014, 03:24:44 PM |
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Only at place 86 with a market cap of $104K. Terrible, i mean the marketcap, when you check that scam coin White is almost 10 times as high... and Black coin is 90 times that high...
Because everybody held maybe ? |
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Specialkey
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May 06, 2014, 03:29:06 PM |
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Only at place 86 with a market cap of $104K. Terrible, i mean the marketcap, when you check that scam coin White is almost 10 times as high... and Black coin is 90 times that high...
Because everybody held maybe ? When erverybody held the coins the price will go up if there is enough request. The people are a little more sceptical since Asia and WC. Most dont know that even Satoshi has hiddden 1 Mio:-) A friend told my the story today Be patient it will rise soon. |
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easternboy
Newbie
Offline
Activity: 32
Merit: 0
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May 06, 2014, 03:29:48 PM |
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I want a longer 10% stake per day so nice to see coin added to your wallet without spending electricity. Still about 4-5 days to get in on the 10% daily POS. I hope it will kick in smoothly this time . |
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ptic-1
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May 06, 2014, 03:30:06 PM
Last edit: May 06, 2014, 08:33:03 PM by ptic-1 |
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█ B █ T █ C █12J89RucSq2vX5m5TcC5fP3PwVUrtWHn4c█ B █ T █ C █
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gentacomp
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May 06, 2014, 03:43:18 PM |
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Only at place 86 with a market cap of $104K. Terrible, i mean the marketcap, when you check that scam coin White is almost 10 times as high... and Black coin is 90 times that high...
Because everybody held maybe ? When erverybody held the coins the price will go up if there is enough request. The people are a little more sceptical since Asia and WC. Most dont know that even Satoshi has hiddden 1 Mio:-) A friend told my the story today Be patient it will rise soon. I mean they held their bag, but put sell their gain from POS. Its really big profit from POS... |
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placebo
Legendary
Offline
Activity: 1120
Merit: 1000
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May 06, 2014, 03:57:17 PM |
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Currently we have 29,653,782 YC so five days more would put us at 45,000,000 YC or maybe a little higher, and then we have to wait 1 year to have more coins. There will be a lack of coins, and pumpers will love it. I won't be surprise if we can see a big jump on the first trading day at mintpal. When the people with 2000BTC start pumping. As i stated before, DEV has all the power in their hands, they can make this a big success, earn a lot of money for them, for miners and for investors. What has Blackcoin more then Yellowcoin? Blackcoin is a little older, that is it, no that is not it, they will have double the amount of coins then Yellow coin, so Blackcoin hit 80000sats one day? If Yellow coin will do the same then it need to hit 160000sats one day Multiple by 200 at the current level. |
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rudius
Member
Offline
Activity: 84
Merit: 10
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May 06, 2014, 03:59:38 PM |
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Currently we have 29,653,782 YC so five days more would put us at 45,000,000 YC or maybe a little higher, and then we have to wait 1 year to have more coins. There will be a lack of coins, and pumpers will love it. I won't be surprise if we can see a big jump on the first trading day at mintpal. When the people with 2000BTC start pumping. As i stated before, DEV has all the power in their hands, they can make this a big success, earn a lot of money for them, for miners and for investors. What has Blackcoin more then Yellowcoin? Blackcoin is a little older, that is it, no that is not it, they will have double the amount of coins then Yellow coin, so Blackcoin hit 80000sats one day? If Yellow coin will do the same then it need to hit 160000sats one day Multiple by 200 at the current level. lol are you implying that a retard will put 2000BTC in YC? because that is impossible. A retard could not have 2000BTC, this is not compatible. |
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placebo
Legendary
Offline
Activity: 1120
Merit: 1000
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May 06, 2014, 04:10:15 PM |
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Currently we have 29,653,782 YC so five days more would put us at 45,000,000 YC or maybe a little higher, and then we have to wait 1 year to have more coins. There will be a lack of coins, and pumpers will love it. I won't be surprise if we can see a big jump on the first trading day at mintpal. When the people with 2000BTC start pumping. As i stated before, DEV has all the power in their hands, they can make this a big success, earn a lot of money for them, for miners and for investors. What has Blackcoin more then Yellowcoin? Blackcoin is a little older, that is it, no that is not it, they will have double the amount of coins then Yellow coin, so Blackcoin hit 80000sats one day? If Yellow coin will do the same then it need to hit 160000sats one day Multiple by 200 at the current level. lol are you implying that a retard will put 2000BTC in YC? because that is impossible. A retard could not have 2000BTC, this is not compatible. What i'm saying is, if i recall correctly then there was some activity on Blackcoin for more then 2000BTC, ok it was not one person, it will be a group of persons, a group of pumpers. |
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ponch85
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May 06, 2014, 05:10:28 PM |
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it is not right to rely on a coin that has done a bang, remember that BC has a community that is slightly afraid to anyone.
here we speak only of the prices and on the moon but for the rest I do not know what they are working great DEV.
if someone explains to me what you're working on and what are the plans for the futro, I can also invest
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