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Question: How many total coin do you want?
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Author Topic: [ANN]SummerCoin|POS|10% per day in 5 days|New wallet  (Read 162031 times)
gpuminer
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May 02, 2014, 11:37:14 AM
 #2741

Almost, almost starting to build up become panic buy. So i was right about whales trying to crash the price to create panic sell before a pump. Or maybe its too early to tell

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Strugg
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May 02, 2014, 11:39:37 AM
 #2742

Almost, almost starting to build up become panic buy. So i was right about whales trying to crash the price to create panic sell before a pump. Or maybe its too early to tell
No, that's just me buying up more Wink

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Delivereath
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May 02, 2014, 11:39:54 AM
 #2743

Can we have an update about http://summercoinpool.com ?

Not transparent at all at the moment. Can we know at least what coin is being mined, how many do you already have and when do you plan to sell ?

Without any information in the coming hours, I will just leave the pool.
gpuminer
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May 02, 2014, 11:41:53 AM
 #2744

Almost, almost starting to build up become panic buy. So i was right about whales trying to crash the price to create panic sell before a pump. Or maybe its too early to tell
No, that's just me buying up more Wink

I see. Sell order are very thin. Less than 1 BTC can push to price high. Waiting for a real 1000 BTC pump.  Grin

Free SIGNs giving everyday. Be part, do not miss!. Sw4sYCL3h9NjLu1i9d6YSSsuQZQztFR7jW
yeshanyong131
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May 02, 2014, 11:44:53 AM
 #2745

Can we have an update about http://summercoinpool.com ?

Not transparent at all at the moment. Can we know at least what coin is being mined, how many do you already have and when do you plan to sell ?

Without any information in the coming hours, I will just leave the pool.
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May 02, 2014, 11:46:11 AM
 #2746

I see. Sell order are very thin. Less than 1 BTC can push to price high. Waiting for a real 1000 BTC pump.  Grin
Yes, that's the main case here. If someone (like me) wants to jump in, practically can't do it for 1200sat/ 1300sat anymore. Just nobody is selling ad filling up the bids Smiley Good sign

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gpuminer
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May 02, 2014, 11:47:50 AM
 #2747

I see. Sell order are very thin. Less than 1 BTC can push to price high. Waiting for a real 1000 BTC pump.  Grin
Yes, that's the main case here. If someone (like me) wants to jump in, practically can't do it for 1200sat/ 1300sat anymore. Just nobody is selling ad filling up the bids Smiley Good sign

everybody holding their coins. Yesterday was a very good day to buy because someone trying to create panic sell. Dump the price to around 800. Wanted to buy but didn't buy because i already brought at higher price.  I have BTC but don't want to panic buy. Trying to install some discipline in trading.

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May 02, 2014, 11:50:05 AM
 #2748

Yes, no sense to sell, when 10% stake starts Cheesy

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gpuminer
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May 02, 2014, 11:52:40 AM
 #2749

Yes, no sense to sell, when 10% stake starts Cheesy

Yes there is sense to sell if to create panic sell. Some people will panic they will lose everything when the price goes to very low (e.g 500) and sell their holding trying to at least get back some BTC.

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May 02, 2014, 12:08:27 PM
 #2750

I received a 0.01 and and 0.3 stake on my 140.000coins wallet. however now it says, "no staking because you don't have mature coins". How can that happen?
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May 02, 2014, 12:16:26 PM
 #2751

Can we know at least what coin is being mined
From the site (inside user account)
Quote
Algorithm    Coin    Pool hash-rate    Pool workers
Scrypt    DogeCoin    26.69    MH/s    26
X11    DarkCoin    493.82    MH/s    86
Sha256d    TAKCoin    477.91    GH/s    12

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May 02, 2014, 12:34:18 PM
 #2752

So, what's happeing with PoS,
waited 24hours for them to mature, that worked fine, PoS symbol lite up bang on que

But, where's the daily interest... been another 24hours yet no payout!!! 
it gives an expected time till payout, yet that say's 4 day's

So what is going on?
I am not an expert in POS, this is actually my first experience with it. But I have some clues:
I have 2 wallets, in one wallet I have only 30 mature coins, and when I highlight POS symbol it says I will get my stake interest in 16 days. In another wallet I have much greater amount and I am getting the interest daily. I understand that daily interest for 1% per year term for 30 coins is very very small, so I do not expect daily payments. Just a guess.

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May 02, 2014, 12:56:28 PM
 #2753

The 10% hasn't started yet, were almost there. The network is at block 13418. The 10% starts at 13441. Any time now. Also the coins have to be in your wallet for a specific amount of time before they start to stake. The original post says something about 1 day but I don't know if that is the case. Only 10% of my coins are staked.

For those who get the message minting is suspended, you need to type wallettpassphrase <yourpassword> 9999999 to unlock the wallet so it can mint POS blocks.



gpuminer
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May 02, 2014, 01:04:18 PM
 #2754

The 10% hasn't started yet, were almost there. The network is at block 13418. The 10% starts at 13441. Any time now. Also the coins have to be in your wallet for a specific amount of time before they start to stake. The original post says something about 1 day but I don't know if that is the case. Only 10% of my coins are staked.

For those who get the message minting is suspended, you need to type wallettpassphrase <yourpassword> 9999999 to unlock the wallet so it can mint POS blocks.





Not all your coin stake at the same time because you receive it in different timing. The coin only stake after 24 hours of block time. Each batch of coins u receive is in 1 block (1 transaction = 1 block. Each block have different time therefore different stake time.

Free SIGNs giving everyday. Be part, do not miss!. Sw4sYCL3h9NjLu1i9d6YSSsuQZQztFR7jW
BTCMS
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May 02, 2014, 01:08:40 PM
 #2755

Strange thing is I've had my coins in my wallet for over 2 days. after 1 day they were done maturing and generating a little bit of stake. However not it says again it is maturing :/
SummerCoin (OP)
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May 02, 2014, 01:09:17 PM
 #2756

The 10% hasn't started yet, were almost there. The network is at block 13418. The 10% starts at 13441. Any time now. Also the coins have to be in your wallet for a specific amount of time before they start to stake. The original post says something about 1 day but I don't know if that is the case. Only 10% of my coins are staked.

For those who get the message minting is suspended, you need to type wallettpassphrase <yourpassword> 9999999 to unlock the wallet so it can mint POS blocks.





Not all your coin stake at the same time because you receive it in different timing. The coin only stake after 24 hours of block time. Each batch of coins u receive is in 1 block (1 transaction = 1 block. Each block have different time therefore different stake time.

Yes it is.
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May 02, 2014, 01:12:33 PM
 #2757

Strange thing is I've had my coins in my wallet for over 2 days. after 1 day they were done maturing and generating a little bit of stake. However not it says again it is maturing :/

yeah....i have no idea what is going on with the staking.  wallet has been open and loaded for a few days, but it keeps going down, coming back a bit.....who knows.
SummerCoin (OP)
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May 02, 2014, 01:12:45 PM
 #2758

From now, each time you receive PoS block, it is 10% PoS

P/S: To everyone, you should read more about PoS after give any question here, too many basic question about PoS and we have to answer it again too many times
gpuminer
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May 02, 2014, 01:13:45 PM
 #2759

we are at 10% any report of 10% interest ?

Free SIGNs giving everyday. Be part, do not miss!. Sw4sYCL3h9NjLu1i9d6YSSsuQZQztFR7jW
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May 02, 2014, 01:15:11 PM
 #2760

Guys, i will ask again , because nobody answer me before Smiley . What to do with this conf file, and must i change something on him for POS ?
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