PilotofBTC
Legendary
Offline
Activity: 1736
Merit: 1001
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May 06, 2014, 03:34:12 PM |
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this coin confuses me... I typically make money fro mining a coin and selling it... I really can't mine this I have to rely on the choices made by people running pools to mine whatever is going to give me the best nag for the buch and I can tell you from experience they fail pathetically all the time. They're always late to the party. why should I get involved with this coin - my income per Mhs is always higher than any multipool I've ever been involved in - so this coin looks like a losing proposition to me unless someone can convince and show me otherwise - Blackcoin is a great example of a losing proposition Sharecoin is a proof of stake (PoS) coin. This means that you get "interest" by holding (a stake) of the coins in your wallet. Essentially that is similar to mining. In the first year you will get 30% interest. Interest are essentially newly minted coins. So, if you hold 10,000 coins in your wallet (you have to keep you wallet open) at the end of the first year you will have 13,000 coins. The interest rate goes down every year. This is basically the same as the hash difficulty rising for a proof or work coin like Bitcoin. hth.
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testadimerlo
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May 06, 2014, 03:35:10 PM |
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WHY ARE YOU VOTING ON MINTPAL?
There is currently not enough volume. Getting the coin listed too soon on Mintpal will kill it's value. By the way we're gonna have an on exchange.
The ones who (many not all) want's it too be listed quickly on Mintpal andother big exchanges only want to be able to dumb it there. Take a lesson from Communitycoin and many otehr coins that suffered from being added quickly to big exchanges.
totally agree.
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djm34
Legendary
Offline
Activity: 1400
Merit: 1050
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May 06, 2014, 03:37:10 PM |
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WHY ARE YOU VOTING ON MINTPAL?
There is currently not enough volume. Getting the coin listed too soon on Mintpal will kill it's value. By the way we're gonna have an on exchange.
The ones who (many not all) want's it too be listed quickly on Mintpal andother big exchanges only want to be able to dumb it there. Take a lesson from Communitycoin and many otehr coins that suffered from being added quickly to big exchanges.
Are you planning to do your whining for all the coins you own
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djm34 facebook pageBTC: 1NENYmxwZGHsKFmyjTc5WferTn5VTFb7Ze Pledge for neoscrypt ccminer to that address: 16UoC4DmTz2pvhFvcfTQrzkPTrXkWijzXw
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btler420
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May 06, 2014, 03:40:08 PM |
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We won't get listed in the next week anyways so chill
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y1.
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evi_stale
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May 06, 2014, 03:40:27 PM |
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WHY ARE YOU VOTING ON MINTPAL?
There is currently not enough volume. Getting the coin listed too soon on Mintpal will kill it's value. By the way we're gonna have an on exchange.
The ones who (many not all) want's it too be listed quickly on Mintpal andother big exchanges only want to be able to dumb it there. Take a lesson from Communitycoin and many otehr coins that suffered from being added quickly to big exchanges.
Are you planning to do your whining for all the coins you own Are you dumping all your coins that you have received for free
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wantrepreneur
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May 06, 2014, 03:45:12 PM |
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HALT THE MINTPAL VOTES; WE NEED TIME TO BUY FIRST!
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Majormax
Legendary
Offline
Activity: 2534
Merit: 1129
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May 06, 2014, 03:47:19 PM |
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i will buy 50k for 0.1 btc if you have, pm me
Current price (offered) on SwapHole is ~ 0.3 BTC for 50k. You would need to match that to be realistic.
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Majormax
Legendary
Offline
Activity: 2534
Merit: 1129
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May 06, 2014, 03:50:11 PM |
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this coin confuses me... I typically make money fro mining a coin and selling it... I really can't mine this I have to rely on the choices made by people running pools to mine whatever is going to give me the best nag for the buch and I can tell you from experience they fail pathetically all the time. They're always late to the party. why should I get involved with this coin - my income per Mhs is always higher than any multipool I've ever been involved in - so this coin looks like a losing proposition to me unless someone can convince and show me otherwise - Blackcoin is a great example of a losing proposition Sharecoin is a proof of stake (PoS) coin. This means that you get "interest" by holding (a stake) of the coins in your wallet. Essentially that is similar to mining. In the first year you will get 30% interest. Interest are essentially newly minted coins. So, if you hold 10,000 coins in your wallet (you have to keep you wallet open) at the end of the first year you will have 13,000 coins. The interest rate goes down every year. This is basically the same as the hash difficulty rising for a proof or work coin like Bitcoin. hth. It is misleading to call it 'Interest'. Better to say 'Reward' (for holding coins and maintaining the network with your wallet open). Stake is paid only when the wallet is open, it is the act of creating new blocks and keeping the network live.
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Amph
Legendary
Offline
Activity: 3206
Merit: 1069
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May 06, 2014, 03:51:06 PM |
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this coin confuses me... I typically make money fro mining a coin and selling it... I really can't mine this I have to rely on the choices made by people running pools to mine whatever is going to give me the best nag for the buch and I can tell you from experience they fail pathetically all the time. They're always late to the party. why should I get involved with this coin - my income per Mhs is always higher than any multipool I've ever been involved in - so this coin looks like a losing proposition to me unless someone can convince and show me otherwise - Blackcoin is a great example of a losing proposition Sharecoin is a proof of stake (PoS) coin. This means that you get "interest" by holding (a stake) of the coins in your wallet. Essentially that is similar to mining. In the first year you will get 30% interest. Interest are essentially newly minted coins. So, if you hold 10,000 coins in your wallet (you have to keep you wallet open) at the end of the first year you will have 13,000 coins. The interest rate goes down every year. This is basically the same as the hash difficulty rising for a proof or work coin like Bitcoin. hth. It is misleading to call it 'Interest'. Better to say 'Reward' (for holding coins and maintaining the network with your wallet open). Stake is paid only when the wallet is open, it is the act of creating new blocks and keeping the network live. i receive payment even if the wallet is closed
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PilotofBTC
Legendary
Offline
Activity: 1736
Merit: 1001
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May 06, 2014, 03:52:19 PM |
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this coin confuses me... I typically make money fro mining a coin and selling it... I really can't mine this I have to rely on the choices made by people running pools to mine whatever is going to give me the best nag for the buch and I can tell you from experience they fail pathetically all the time. They're always late to the party. why should I get involved with this coin - my income per Mhs is always higher than any multipool I've ever been involved in - so this coin looks like a losing proposition to me unless someone can convince and show me otherwise - Blackcoin is a great example of a losing proposition Sharecoin is a proof of stake (PoS) coin. This means that you get "interest" by holding (a stake) of the coins in your wallet. Essentially that is similar to mining. In the first year you will get 30% interest. Interest are essentially newly minted coins. So, if you hold 10,000 coins in your wallet (you have to keep you wallet open) at the end of the first year you will have 13,000 coins. The interest rate goes down every year. This is basically the same as the hash difficulty rising for a proof or work coin like Bitcoin. hth. It is misleading to call it 'Interest'. Better to say 'Reward' (for holding coins and maintaining the network with your wallet open). Stake is paid only when the wallet is open, it is the act of creating new blocks and keeping the network live. I was just using the term that is listed on the sharecoin we site. But, yes, reward does seem like a better word.
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PilotofBTC
Legendary
Offline
Activity: 1736
Merit: 1001
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May 06, 2014, 03:54:54 PM |
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this coin confuses me... I typically make money fro mining a coin and selling it... I really can't mine this I have to rely on the choices made by people running pools to mine whatever is going to give me the best nag for the buch and I can tell you from experience they fail pathetically all the time. They're always late to the party. why should I get involved with this coin - my income per Mhs is always higher than any multipool I've ever been involved in - so this coin looks like a losing proposition to me unless someone can convince and show me otherwise - Blackcoin is a great example of a losing proposition Sharecoin is a proof of stake (PoS) coin. This means that you get "interest" by holding (a stake) of the coins in your wallet. Essentially that is similar to mining. In the first year you will get 30% interest. Interest are essentially newly minted coins. So, if you hold 10,000 coins in your wallet (you have to keep you wallet open) at the end of the first year you will have 13,000 coins. The interest rate goes down every year. This is basically the same as the hash difficulty rising for a proof or work coin like Bitcoin. hth. It is misleading to call it 'Interest'. Better to say 'Reward' (for holding coins and maintaining the network with your wallet open). Stake is paid only when the wallet is open, it is the act of creating new blocks and keeping the network live. i receive payment even if the wallet is closed You can certainly get a payment without your wallet being opened. But, if your wallet is closed you aren't maintaining the network so you won't get your "interest" or "reward" if you prefer. This is a peer-to-peer coin, there are no miners to verify transactions, so stake holders with their wallets open do that. This is why you get a reward. Because you are helping verify transactions.
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bytedisorder
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May 06, 2014, 03:57:04 PM |
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+1 let's move towards the top of vote list.
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Amph
Legendary
Offline
Activity: 3206
Merit: 1069
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May 06, 2014, 03:58:23 PM |
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this coin confuses me... I typically make money fro mining a coin and selling it... I really can't mine this I have to rely on the choices made by people running pools to mine whatever is going to give me the best nag for the buch and I can tell you from experience they fail pathetically all the time. They're always late to the party. why should I get involved with this coin - my income per Mhs is always higher than any multipool I've ever been involved in - so this coin looks like a losing proposition to me unless someone can convince and show me otherwise - Blackcoin is a great example of a losing proposition Sharecoin is a proof of stake (PoS) coin. This means that you get "interest" by holding (a stake) of the coins in your wallet. Essentially that is similar to mining. In the first year you will get 30% interest. Interest are essentially newly minted coins. So, if you hold 10,000 coins in your wallet (you have to keep you wallet open) at the end of the first year you will have 13,000 coins. The interest rate goes down every year. This is basically the same as the hash difficulty rising for a proof or work coin like Bitcoin. hth. It is misleading to call it 'Interest'. Better to say 'Reward' (for holding coins and maintaining the network with your wallet open). Stake is paid only when the wallet is open, it is the act of creating new blocks and keeping the network live. i receive payment even if the wallet is closed You can certainly get a payment without your wallet being opened. But, if your wallet is closed you aren't maintaining the network so you won't get your "interest" or "reward" if you prefer. This is a peer-to-peer coin, there are no miners to verify transactions, so stake holders with their wallets open do that. This is why you get a reward. Because you are helping verify transactions. actually i receive stake reward even if the wallet is closed, just open it for 5 min a day to confirm the stake and your are done
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bytedisorder
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May 06, 2014, 03:59:09 PM |
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WHY ARE YOU VOTING ON MINTPAL?
There is currently not enough volume. Getting the coin listed too soon on Mintpal will kill it's value. By the way we're gonna have an on exchange.
The ones who (many not all) want's it too be listed quickly on Mintpal andother big exchanges only want to be able to dumb it there. Take a lesson from Communitycoin and many otehr coins that suffered from being added quickly to big exchanges.
Don't be worried. We have a long way to go to reach to the top (~100k votes). Accumulating some votes for Share is not bad.
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Majormax
Legendary
Offline
Activity: 2534
Merit: 1129
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May 06, 2014, 04:00:11 PM |
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You can certainly get a payment without your wallet being opened. But, if your wallet is closed you aren't maintaining the network so you won't get your "interest" or "reward" if you prefer. This is a peer-to-peer coin, there are no miners to verify transactions, so stake holders with their wallets open do that. This is why you get a reward. Because you are helping verify transactions.
+1 , Precisely. This seems to be an overlooked point about PoS coins. The open wallets are the network. If holders want to keep wallets closed most of the time, the coin dies in the long term. Therefore the habit of frequently minting stake needs to be encouraged in all aspects of a currency..
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lionheart78
Legendary
Offline
Activity: 2898
Merit: 1152
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May 06, 2014, 04:00:47 PM |
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WHY ARE YOU VOTING ON MINTPAL?
There is currently not enough volume. Getting the coin listed too soon on Mintpal will kill it's value. By the way we're gonna have an on exchange.
The ones who (many not all) want's it too be listed quickly on Mintpal andother big exchanges only want to be able to dumb it there. Take a lesson from Communitycoin and many otehr coins that suffered from being added quickly to big exchanges.
lol as if voting in mintpal is like magic that with just 1 day vote you can get listed, unless you pay a large sum of BTC, and it is better to build a foundation on vote counts in mintpal as early as possible for if the community and dev dont want to spend large sum of money, it will take weeks or months to be in top 10
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niki25
Legendary
Offline
Activity: 1036
Merit: 1000
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May 06, 2014, 04:01:11 PM |
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this coin confuses me... I typically make money fro mining a coin and selling it... I really can't mine this I have to rely on the choices made by people running pools to mine whatever is going to give me the best nag for the buch and I can tell you from experience they fail pathetically all the time. They're always late to the party. why should I get involved with this coin - my income per Mhs is always higher than any multipool I've ever been involved in - so this coin looks like a losing proposition to me unless someone can convince and show me otherwise - Blackcoin is a great example of a losing proposition Sharecoin is a proof of stake (PoS) coin. This means that you get "interest" by holding (a stake) of the coins in your wallet. Essentially that is similar to mining. In the first year you will get 30% interest. Interest are essentially newly minted coins. So, if you hold 10,000 coins in your wallet (you have to keep you wallet open) at the end of the first year you will have 13,000 coins. The interest rate goes down every year. This is basically the same as the hash difficulty rising for a proof or work coin like Bitcoin. hth. It is misleading to call it 'Interest'. Better to say 'Reward' (for holding coins and maintaining the network with your wallet open). Stake is paid only when the wallet is open, it is the act of creating new blocks and keeping the network live. i receive payment even if the wallet is closed You can certainly get a payment without your wallet being opened. But, if your wallet is closed you aren't maintaining the network so you won't get your "interest" or "reward" if you prefer. This is a peer-to-peer coin, there are no miners to verify transactions, so stake holders with their wallets open do that. This is why you get a reward. Because you are helping verify transactions. actually i receive stake reward even if the wallet is closed, just open it for 5 min a day to confirm the stake and your are done Is there something needed to start minting pos?, i kept my wallet open but i dindt get any
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Amph
Legendary
Offline
Activity: 3206
Merit: 1069
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May 06, 2014, 04:03:13 PM |
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this coin confuses me... I typically make money fro mining a coin and selling it... I really can't mine this I have to rely on the choices made by people running pools to mine whatever is going to give me the best nag for the buch and I can tell you from experience they fail pathetically all the time. They're always late to the party. why should I get involved with this coin - my income per Mhs is always higher than any multipool I've ever been involved in - so this coin looks like a losing proposition to me unless someone can convince and show me otherwise - Blackcoin is a great example of a losing proposition Sharecoin is a proof of stake (PoS) coin. This means that you get "interest" by holding (a stake) of the coins in your wallet. Essentially that is similar to mining. In the first year you will get 30% interest. Interest are essentially newly minted coins. So, if you hold 10,000 coins in your wallet (you have to keep you wallet open) at the end of the first year you will have 13,000 coins. The interest rate goes down every year. This is basically the same as the hash difficulty rising for a proof or work coin like Bitcoin. hth. It is misleading to call it 'Interest'. Better to say 'Reward' (for holding coins and maintaining the network with your wallet open). Stake is paid only when the wallet is open, it is the act of creating new blocks and keeping the network live. i receive payment even if the wallet is closed You can certainly get a payment without your wallet being opened. But, if your wallet is closed you aren't maintaining the network so you won't get your "interest" or "reward" if you prefer. This is a peer-to-peer coin, there are no miners to verify transactions, so stake holders with their wallets open do that. This is why you get a reward. Because you are helping verify transactions. actually i receive stake reward even if the wallet is closed, just open it for 5 min a day to confirm the stake and your are done Is there something needed to start minting pos?, i kept my wallet open but i dindt get any i'm not talking about share coin, as i don't have any, my references were for other pos anyway just unlock your wallet and your are ok
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wantrepreneur
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May 06, 2014, 04:03:26 PM |
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thanks to whoever keeps dumping on swaphole building SHARE stash->
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GreenDude
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May 06, 2014, 04:03:33 PM |
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voted on mintpal. Come on guys... vote!
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