Bitcoin Forum
April 28, 2024, 07:42:35 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 [23] 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 ... 177 »
  Print  
Author Topic: [ANN][OC] Orangecoin ★★ POS ★★ Anon Transactions ★★ Masternodes  (Read 209471 times)
Specialkey
Hero Member
*****
Offline Offline

Activity: 504
Merit: 500


View Profile
May 06, 2014, 01:58:15 PM
 #441

Hope everybody comes back mine again:-)

What 's the profit like? Can anybody tell this?

At the current price it is about half as profitable as mining litecoin.

52% to be exact

It is along term investment. When the coins are mined they have one year 20% POS; then 5% and 3,65 % for the further years.

I know, that is why I'm mining it.  I was just answering his question.

Hehehe. I know that you just explained the situation atm. Grin

and sorry I made a mistake first year 20 %; second 10%; third 5 % and then 3,65 for further years. Wink

atm horrible.hahaha. but good for us my friends;-) for mining;-)



1714290155
Hero Member
*
Offline Offline

Posts: 1714290155

View Profile Personal Message (Offline)

Ignore
1714290155
Reply with quote  #2

1714290155
Report to moderator
1714290155
Hero Member
*
Offline Offline

Posts: 1714290155

View Profile Personal Message (Offline)

Ignore
1714290155
Reply with quote  #2

1714290155
Report to moderator
"With e-currency based on cryptographic proof, without the need to trust a third party middleman, money can be secure and transactions effortless." -- Satoshi
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
emrcan
Full Member
***
Offline Offline

Activity: 174
Merit: 100


View Profile
May 06, 2014, 03:48:13 PM
 #442

Why is it so dropped the price?
drm
Legendary
*
Offline Offline

Activity: 1176
Merit: 1005


View Profile
May 06, 2014, 05:10:01 PM
Last edit: May 06, 2014, 06:22:35 PM by drm
 #443

dev hasn't been active (within the community at least), we're still waiting for a clarification..
if he comes back at all
Specialkey
Hero Member
*****
Offline Offline

Activity: 504
Merit: 500


View Profile
May 06, 2014, 08:44:02 PM
 #444

Come on people a little more activity please Grin
cryptoba
Sr. Member
****
Offline Offline

Activity: 435
Merit: 250


View Profile
May 06, 2014, 10:26:28 PM
 #445


We have gone pass Block 6000
...4000 more to go with beautiful diff., and then POS 20% for first year !

 Grin have fun mining !
Halofire
Hero Member
*****
Offline Offline

Activity: 938
Merit: 1000


@halofirebtc


View Profile
May 06, 2014, 11:01:09 PM
Last edit: May 07, 2014, 07:20:26 PM by Halofire
 #446

I don't undersand what this mean exactly 14 Days Min/28 Days Max Stake ?

When yours coin are 14 Days in yours wallet they stake and after 28 Days in your wallet they don't Stake ?

No, 14 days until your coins are able to be staked, then they keeping gaining weight against the network until day 28, at which point the coins become at their maximum weight and won't pay any higher for as long as it takes to stake, until they stake and reset the coin age.

For example (not actual values):
day 1 coin = no stake
day 14 = able to stake, network weight 0, payout percent something like (20/365)x1 day's weight(dw)
day 15 = able to stake, if didn't stake before this day: network weight 1, payout percent something like [(20/365)x2dw]x staked coins
day 20 = able to stake, if didn't stake before this day: network weight 6, payout percent something like [(20/365)x6dw]x staked coins
day 28 = able to stake, if didn't stake before this day: network weight 14, payout percent something like [(20/365)x15dw]x staked coins
day 29 = able to stake, if didn't stake before this day: network weight 14, payout percent something like [(20/365)x15dw]x staked coins
day infinity = same as day 29
Once they stake and finish confirms, the coins go back to day 1.
To clarify, network weight figures I used in example are 100% incorrect values, but the principle is the same. There is also the time factor, I'm using whole days, but staking can occur at, say, Hour 25 or 7 or 39.5, etc etc.

This just an example, and I know this not 100% accurate, there are other factors like different bunches of different aged coins, but this is the easiest way to try to explain PoS, imo.

OC Development - oZwWbQwz6LAkDLa2pHsEH8WSD2Y3LsTgFt
SMC Development - SgpYdoVz946nLBF2hF3PYCVQYnuYDeQTGu
Friendly reminder: Back up your wallet.dat files!!
RoyalSands
Full Member
***
Offline Offline

Activity: 154
Merit: 100



View Profile
May 07, 2014, 02:09:14 AM
 #447

The price is recovering nicely.
Halofire
Hero Member
*****
Offline Offline

Activity: 938
Merit: 1000


@halofirebtc


View Profile
May 07, 2014, 05:29:04 AM
 #448

Thing is, we really don't need a dev. If this coin's PoS works correctly and there is no fork during PoW, pretty much self sustaining coin. It doesn't need all the crap the other coins have. Just a basic savings account with awesome interest. No casino. No merchants. No publicity. This could be a secret savings club. Since we don't have a dev who speaks (he isn't inactive, he is online), this coin won't make it to mintpal or poloniex. I don't think their standards won't allow it, no matter the volume. So as it stands, OC is destined to stay on a minor exchange, a back door secret savings account.... Wink
It could work. OC IS still a functioning coin.

Or it could sink because it doesn't have the major exchanges. Everything is a double edged sword. Who knows.

Also, you know the dev is reading all of our comments, so as long I see him online, I'm ok. It would be nice for him to say hi, but it's not necessary until after PoW, imo. Secrecy is working in our favor, miners.

OC Development - oZwWbQwz6LAkDLa2pHsEH8WSD2Y3LsTgFt
SMC Development - SgpYdoVz946nLBF2hF3PYCVQYnuYDeQTGu
Friendly reminder: Back up your wallet.dat files!!
pseudonymdude
Legendary
*
Offline Offline

Activity: 896
Merit: 1000


View Profile
May 07, 2014, 05:44:37 AM
 #449

Yeah.  I'm hoping dev is mining away.  The coin's value is so low because of what happened with ASIA and White.  I'm not sure if 100x will happen, but $300,000 - $500,000 or 30x - 50x is certainly possible.

Thing is, we really don't need a dev. If this coin's PoS works correctly and there is no fork during PoW, pretty much self sustaining coin. It doesn't need all the crap the other coins have. Just a basic savings account with awesome interest. No casino. No merchants. No publicity. This could be a secret savings club. Since we don't have a dev who speaks (he isn't inactive, he is online), this coin won't make it to mintpal or poloniex. I don't think their standards won't allow it, no matter the volume. So as it stands, OC is destined to stay on a minor exchange, a back door secret savings account.... Wink
It could work. OC IS still a functioning coin.

Or it could sink because it doesn't have the major exchanges. Everything is a double edged sword. Who knows.

Also, you know the dev is reading all of our comments, so as long I see him online, I'm ok. It would be nice for him to say hi, but it's not necessary until after PoW, imo. Secrecy is working in our favor, miners.

Specialkey
Hero Member
*****
Offline Offline

Activity: 504
Merit: 500


View Profile
May 07, 2014, 06:22:26 AM
 #450

I think too that the dev is mining like hell:-) The coin has a good potential and it will go really up in POS;-)
Rocou
Legendary
*
Offline Offline

Activity: 3192
Merit: 1176


View Profile
May 07, 2014, 08:11:05 AM
 #451

No Mac wallet = Scam

(Coingenerator...)
b0oMeR
Newbie
*
Offline Offline

Activity: 42
Merit: 0


View Profile
May 07, 2014, 08:35:59 AM
 #452

No Mac wallet = Scam

(Coingenerator...)

There is a mac wallet. Its the last wallet listed.
coinminer979
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile
May 07, 2014, 08:37:22 AM
 #453

does the coin ride on the rockit the moon when pow is over?
Specialkey
Hero Member
*****
Offline Offline

Activity: 504
Merit: 500


View Profile
May 07, 2014, 09:26:19 AM
 #454

does the coin ride on the rockit the moon when pow is over?

When POS works fine it will do.

Specialkey
Hero Member
*****
Offline Offline

Activity: 504
Merit: 500


View Profile
May 07, 2014, 09:27:08 AM
 #455

No Mac wallet = Scam

(Coingenerator...)

There is a mac wallet. Its the last wallet listed.

Yes I have a mac wallet and you find it in ths thread as a post.
akkawa
Newbie
*
Offline Offline

Activity: 18
Merit: 0


View Profile
May 07, 2014, 10:01:09 AM
 #456

Where a dev?
Very interested future of the coin.
Specialkey
Hero Member
*****
Offline Offline

Activity: 504
Merit: 500


View Profile
May 07, 2014, 01:31:07 PM
 #457

Dear Miners

mine what you can. This is great chance to get involved in the best POS cencept.

greets from Berlin
Halofire
Hero Member
*****
Offline Offline

Activity: 938
Merit: 1000


@halofirebtc


View Profile
May 07, 2014, 02:08:21 PM
 #458

Another bonus with OC: Troll-free thread!

OC Development - oZwWbQwz6LAkDLa2pHsEH8WSD2Y3LsTgFt
SMC Development - SgpYdoVz946nLBF2hF3PYCVQYnuYDeQTGu
Friendly reminder: Back up your wallet.dat files!!
Specialkey
Hero Member
*****
Offline Offline

Activity: 504
Merit: 500


View Profile
May 07, 2014, 02:26:10 PM
 #459

Another bonus with OC: Troll-free thread!


Hahaha. You are right:-) First troll-free thread. hahaha
Specialkey
Hero Member
*****
Offline Offline

Activity: 504
Merit: 500


View Profile
May 07, 2014, 02:31:45 PM
 #460

Difficulty 8 very good chance now. We have only abot 3500 blocks then is POS with great rates. Wink
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 [23] 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 ... 177 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!