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kingimg
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May 05, 2014, 06:13:09 AM |
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I think dev was dumping most his coins all of the time.otherwise this coin wont have the same price as YC.
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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SummerCoin (OP)
Newbie
 Offline
Activity: 28
Merit: 0
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May 05, 2014, 06:17:27 AM |
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I'm working on an official website, we will have an official website soon. I think dev was dumping most his coins all of the time.otherwise this coin wont have the same price as YC.
My coin is not much enough to dump the price to the current price. |
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kyma
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May 05, 2014, 06:23:04 AM |
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Such things about mandatory wallet updates are usually mentioned in thread title. 10% daily POS limited time offer should also be mentioned in title. The title needs to be more attractive mentioning all unique features like first X11 POS and so on. mac user here... sitting on the sidelines  |
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deathchuck2
Newbie
Offline
Activity: 51
Merit: 0
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May 05, 2014, 06:46:02 AM |
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DEV Please help me. I downloaded and run new fix pos qt with this link : It's syncing and stuck at : "downloaded 3032 of ..." more than 4 hours as this image below : http://i57.tinypic.com/2jc7set.jpgPlease help me fix this issue. Thanks |
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gpuminer
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May 05, 2014, 06:48:06 AM |
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DEV Please help me. I downloaded and run new fix pos qt with this link : It's syncing and stuck at : "downloaded 3032 of ..." more than 4 hours as this image below :  Please help me fix this issue. Thanks reopen again. If it happen at the same block , delete the whole blockchain folder and re download the whole block chain again. PLEASE BE CAREFUL NOT TO DELETE YOUR WALLET. |
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deathchuck2
Newbie
Offline
Activity: 51
Merit: 0
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May 05, 2014, 07:09:19 AM |
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DEV Please help me. I downloaded and run new fix pos qt with this link : It's syncing and stuck at : "downloaded 3032 of ..." more than 4 hours as this image below : http://i57.tinypic.com/2jc7set.jpgPlease help me fix this issue. Thanks reopen again. If it happen at the same block , delete the whole blockchain folder and re download the whole block chain again. PLEASE BE CAREFUL NOT TO DELETE YOUR WALLET.It works. Thank you so much |
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snortex
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May 05, 2014, 07:19:26 AM |
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My English is too bad, sorry. I received a POS income, should be neer 20% of their income. I do a screenshot for the purse, but how the BBS posted pictures. I'm not too will.
20%? how? Is that possible?  Can anybody please explain me, why did I receive POS coins for only about a half of my coins. I have all the coins in the wallet for same amount of time and they were all sent to my wallet with a single transaction. I assume that I am soon going to receive the POS for the other coins soon but I am just curious why this happened.
Thanks
You should understand this is not a bank, this is mining. What 10% daily POS interest means is every day new coins are generated in amount of 10% of total coins. These new coins are distributed to all miners participating in POS mining. The distribution is done according to your weight (this is similar to hash rate for POW mining), the weight depends on the number of coins you have and age of these coins. So this does not mean you will be getting exactly 10% interest everyday. For example, if you have small number of coins you may not be getting POS rewards every day because of low weight, but some day your weight will grow (because coin age will grow) and you will get a reward that is bigger than 10%. Similarly, if you have big number of coins you may get several reward payments per day. The average should be 10% daily, but, like in any other mining, luck is also important, you may find blocks more often or less often (lucky coin to get a POS reward is selected randomly among all eligible coins). Please correct me if I am wrong with anything, I am not an expert in POS yet, just learning  |
I never lose. Either I win or I learn.
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gz980903
Newbie
Offline
Activity: 31
Merit: 0
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May 05, 2014, 07:26:06 AM |
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My English is too bad, sorry. I received a POS income, should be neer 20% of their income. I do a screenshot for the purse, but how the BBS posted pictures. I'm not too will.
20%? how? Is that possible? Can anybody please explain me, why did I receive POS coins for only about a half of my coins. I have all the coins in the wallet for same amount of time and they were all sent to my wallet with a single transaction. I assume that I am soon going to receive the POS for the other coins soon but I am just curious why this happened.
Thanks
You should understand this is not a bank, this is mining. What 10% daily POS interest means is every day new coins are generated in amount of 10% of total coins. These new coins are distributed to all miners participating in POS mining. The distribution is done according to your weight (this is similar to hash rate for POW mining), the weight depends on the number of coins you have and age of these coins. So this does not mean you will be getting exactly 10% interest everyday. For example, if you have small number of coins you may not be getting POS rewards every day because of low weight, but some day your weight will grow (because coin age will grow) and you will get a reward that is bigger than 10%. Similarly, if you have big number of coins you may get several reward payments per day. The average should be 10% daily, but, like in any other mining, luck is also important, you may find blocks more often or less often (lucky coin to get a POS reward is selected randomly among all eligible coins). Please correct me if I am wrong with anything, I am not an expert in POS yet, just learning Maby you are right ! Learning. |
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gpuminer
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May 05, 2014, 07:28:29 AM |
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Everyone need to be constantly reminded that PoS is also mining. Sometimes u get more sometimes get less but on average everyone gets the same.
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Strugg
Legendary
Offline
Activity: 882
Merit: 1000
NAV Coin [NAV]
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May 05, 2014, 07:33:48 AM |
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I'm working on an official website, we will have an official website soon.
Thank You for answer! Looking forward to see this |
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snortex
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May 05, 2014, 07:34:30 AM |
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c'mon guys, we need more miners on multipools!
summercoinpool wont pay =(. They pay, I got one payment from them but waiting for second one. @SummerCoin: any news from summercoinpool admins? summercoinpool looks like scam no stats, no payments we need good multipool I had payment from them. Just wait. It can take few days I have finally got the payment from summercoinpool.com a few hours ago. Regarding the stats - they promised to add it. So, I hope this pool will rock. |
I never lose. Either I win or I learn.
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gz980903
Newbie
Offline
Activity: 31
Merit: 0
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May 05, 2014, 07:37:43 AM |
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Dose Minpal have a voting about SUM ? If not, would someone contact them: to increase the voting of SUM ? Then we can vote !  |
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gpuminer
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May 05, 2014, 07:38:03 AM |
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c'mon guys, we need more miners on multipools!
summercoinpool wont pay =(. They pay, I got one payment from them but waiting for second one. @SummerCoin: any news from summercoinpool admins? summercoinpool looks like scam no stats, no payments we need good multipool I had payment from them. Just wait. It can take few days I have finally got the payment from summercoinpool.com a few hours ago. Regarding the stats - they promised to add it. So, I hope this pool will rock. with price so low, the payout must be good. But most alt coin is doing badly, so multipool wouldn't do so well either most alt coin seems to trend with btc, once btc starts uptrend , most alt will go up as well |
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gpuminer
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May 05, 2014, 07:42:00 AM |
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Dose Minpal have a voting about SUM ? If not, would  someone contact them: to increase the voting  of  SUM ? Then we can vote ! OP got some to do list , website is one of them (in progress) , getting listed on mintpal is another on the list |
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gpuminer
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May 05, 2014, 07:43:50 AM |
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With price so low and developer still around for development , its actually a good sign.
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Strugg
Legendary
Offline
Activity: 882
Merit: 1000
NAV Coin [NAV]
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May 05, 2014, 07:47:50 AM |
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With price so low and developer still around for development , its actually a good sign.
That' s my point of view as well. In the end of 10% stake I will have sth about 130k SUM. Don't worry guys I'm not gonna dump them for cents. That's only the beginning and I belive in this coin |
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tins
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May 05, 2014, 07:49:31 AM |
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This coin will heat up soon!
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gz980903
Newbie
Offline
Activity: 31
Merit: 0
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May 05, 2014, 08:49:36 AM |
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Who knows that why the bittrex can't Withdrawal or Deposit SUM ?  |
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gpuminer
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May 05, 2014, 09:07:39 AM |
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Who knows that why the bittrex can't Withdrawal or Deposit SUM ? i can withdraw and deposit yesterday. What error u got ? |
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gz980903
Newbie
Offline
Activity: 31
Merit: 0
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May 05, 2014, 09:26:12 AM |
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Who knows that why the bittrex can't Withdrawal or Deposit SUM ? i can withdraw and deposit yesterday. What error u got ? I can withdraw and deposit yesterday too. The Bittrex.com can't Withdrawal or Deposit SUM . It's now! |
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Poll
