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Author Topic: [AC] AsiaCoin | Pure PoS | 100% Interest  (Read 264516 times)
maxsinner
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May 14, 2014, 12:48:28 PM
 #1941

Its still around 500 SAT.Any chance if pump?

People are really unpredictable sometimes and frankly, quite stupid. AC reached over 2k satoshi and that was at a time when the developer was dumping 30 fucking million coins. Now with no dumping and no mining and with much better development team, it was at 500... go figure.
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balu
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May 14, 2014, 01:42:18 PM
 #1942

Will my coins get staked on cryptsy or mintpal automatically?

Your coins will stake, but the exchange will not pay you the stake and will keep it for themselves. So if you want to get that huge interest rate for the first 4 months, you need to have the coins in your own wallet.

Thank you. One more question:

Year 1, Month 1-2 : 100%
Year 1, Month 3-4 : 80%

Does this mean that for the first two months I get an ANNUAL 100% return, or it is 100% for the first two months, and then 80% for the next two months with a compounding interest (compounding on the basis when the wallet receives stake payments)?

In the latter case I would have triple my coins after 4 months, this is why I doubt it. In the former case the return on 100k coins is like 20k coins in 2 months.
Maestro1 (OP)
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May 14, 2014, 01:45:27 PM
 #1943

Will my coins get staked on cryptsy or mintpal automatically?

Your coins will stake, but the exchange will not pay you the stake and will keep it for themselves. So if you want to get that huge interest rate for the first 4 months, you need to have the coins in your own wallet.

Thank you. One more question:

Year 1, Month 1-2 : 100%
Year 1, Month 3-4 : 80%

Does this mean that for the first two months I get an ANNUAL 100% return, or it is 100% for the first two months, and then 80% for the next two months with a compounding interest (compounding on the basis when the wallet receives stake payments)?

In the latter case I would have triple my coins after 4 months, this is why I doubt it. In the former case the return on 100k coins is like 20k coins in 2 months.

It is annual rate.

If you're happy with our work on AsiaCoin revival, please consider giving us trust feedback and provide donations to the new AsiaCoin Foundation.
BTC: 1LCsuAojeFqf5YamN9iiwEo3VJ9YM8HHjf
balu
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May 14, 2014, 01:46:52 PM
 #1944

Will my coins get staked on cryptsy or mintpal automatically?

Your coins will stake, but the exchange will not pay you the stake and will keep it for themselves. So if you want to get that huge interest rate for the first 4 months, you need to have the coins in your own wallet.

Thank you. One more question:

Year 1, Month 1-2 : 100%
Year 1, Month 3-4 : 80%

Does this mean that for the first two months I get an ANNUAL 100% return, or it is 100% for the first two months, and then 80% for the next two months with a compounding interest (compounding on the basis when the wallet receives stake payments)?

In the latter case I would have triple my coins after 4 months, this is why I doubt it. In the former case the return on 100k coins is like 20k coins in 2 months.

It is annual rate.


thanks Smiley
ahmedjadoon
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May 14, 2014, 02:29:32 PM
 #1945

AC price has raised now a bit. Hope it continues.
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May 14, 2014, 02:39:53 PM
 #1946

only time will tell
robinho1983
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May 14, 2014, 03:16:20 PM
 #1947

AC to the Moon Cheesy Grin Cheesy Grin Shocked
johntseng
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May 14, 2014, 04:04:40 PM
 #1948

Just find a new multipool launch few days ago.
It can pay out as several coins,
eg: BTC, LTC, VTC, WC, CINNI, etc
Can Maestro1 or someone from the team ask them to add AC officially?
(I like it has Asia server, low ping! most other multipool has high ping for Asian.)

http://coinking.io/register.php?r=8336
ps. this is a refer link.

Nanolite : KStrzPctAn8Qr1QppWDMwhqdG9rzmtQNWV
CryptoSteam
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May 14, 2014, 04:35:04 PM
 #1949

Just find a new multipool launch few days ago.
It can pay out as several coins,
eg: BTC, LTC, VTC, WC, CINNI, etc
Can Maestro1 or someone from the team ask them to add AC officially?
(I like it has Asia server, low ping! most other multipool has high ping for Asian.)

http://coinking.io/register.php?r=8336
ps. this is a refer link.

Thanks for the information. We will look into it.
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May 14, 2014, 04:53:27 PM
 #1950

Great  new!
cbutters
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May 14, 2014, 04:54:57 PM
 #1951

very nice everyone, has staking been reset with the new code? how long do I have to wait to see my wallet start staking? I moved asiacoin to my wallet about 14 days ago.
johntseng
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May 14, 2014, 04:59:08 PM
 #1952

very nice everyone, has staking been reset with the new code? how long do I have to wait to see my wallet start staking? I moved asiacoin to my wallet about 14 days ago.

coinage no reset
14days

Nanolite : KStrzPctAn8Qr1QppWDMwhqdG9rzmtQNWV
ILikeMagicBeans
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May 14, 2014, 05:46:18 PM
 #1953

I know there are a lot of questions about staking at the moment, I have the problem that my wallet was staking away like a good'un then stopped 5 days ago... I have had the wallet open for at least 3 hours a day (longer over the last weekend) its not locked and the coins are obviously old enough.... any reason why they might have suddenly stopped staking?

robinho1983
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May 14, 2014, 06:00:52 PM
 #1954

my wallet has also been open for a few hours and hasnt staked yet. last stake was yesterday morning.
im sure its fine though.

nice price rise from 480 to 860 in last couple of hours.
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May 14, 2014, 06:03:08 PM
 #1955

Wow solid growth and volume on Mintpal.. looks like we are stabilizing back to growth phase.

Great job team!

VTC: Vi5NxyF6FPCCEQDrsDcA34P8pXe1Yck21y
PDR: PP3EQsV3oX9bBkjpsnESguMHz3tfMqHXhy PlanetDollar
fonzerrellie
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May 14, 2014, 06:31:16 PM
 #1956

Wow solid growth and volume on Mintpal.. looks like we are stabilizing back to growth phase.

Great job team!


great job guy's keep buying up the cheap AC while you can Cheesy  I love seeing the freshly minted coins pop up in my wallet

#Expanse $EXP 500 transactions 4 .1 EXP 1st Clone of ETH 
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fonzerrellie
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May 14, 2014, 06:43:32 PM
 #1957

Wow solid growth and volume on Mintpal.. looks like we are stabilizing back to growth phase.

Great job team!


I found another revival lol more like a resurrection (as they put it) of an old coin that used to have a bunch of potential (I think it was a similar premine from the dev that made it go bust)  I think if done right it could still be a huge coin and compete with XBC's final product coming out.

Astrocoin ASR, 170,000 pow coins at 1 coin reward per block, sounds like they're making it pos.

would love to hear some other peoples thoughts? or if anyone one knows the reputation of the people doing the revival? and if you think it's worth it to maybe offer some help to get the wallet finished and released or offer idea's to help.

https://bitcointalk.org/index.php?topic=516549.0

it's going to be a blast watching AC climb the rankings again Wink

#Expanse $EXP 500 transactions 4 .1 EXP 1st Clone of ETH 
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shahim
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May 14, 2014, 06:56:03 PM
 #1958

I have seen some coins have wallets with abillity to choose which coins to send out of wallet, to keep coins with good stake age. So you can controll this... 

you guys think, AC could implement this feature? I think this is a cool feature
shahim
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May 14, 2014, 06:57:38 PM
 #1959

oh and my wallets says "minting suspended due locked wallet... " do need to unlock my wallet all the time? in 2 days I want to see some stakes coming in Smiley

thnx in advanced
shahim
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May 14, 2014, 06:58:19 PM
 #1960

I have seen some coins have wallets with abillity to choose which coins to send out of wallet, to keep coins with good stake age. So you can controll this... 

you guys think, AC could implement this feature? I think this is a cool feature

Maestro1 wrote a while ago, that there will be non-mandatory update for wallet, where this feature will be. No release date yet.
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