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Author Topic: [AC] AsiaCoin | Pure PoS | 100% Interest  (Read 264528 times)
zqjqiu
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May 23, 2014, 11:46:55 AM
 #2441

I think it's usefull to add a page on thunderclap or something how people can buy the asiacoin.
A lot of people don't know where they can buy bitcoin and which exchange they can used to buy asiacoin.
+1

Yeah, we will do this on an update for the Thunderclap before the time ends.

+1
X-Laboratories
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May 23, 2014, 11:59:04 AM
 #2442

It was a little dream...Thunderclap for AsiaCoin
Now it' s real.
Thanks to you, AC fellows.
Thanks to ALL of you.

"sine secretum non libertas"
BTC 1ABmTBQ3BAJ8tY6EpPM9a6ZoaWsaJipdGV
LTC LS5ejuvBJFAEZEDhYf3KAN8nGjjayTYxez
medoka
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May 23, 2014, 06:06:20 PM
 #2443

It was a little dream...Thunderclap for AsiaCoin
Now it' s real.
Thanks to you, AC fellows.
Thanks to ALL of you.

No..!
Real problem DarkCoin high BTC Volume,
DarkCoin dumped after, pumped asiacoin or other coins.
X-Laboratories
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May 23, 2014, 07:16:06 PM
 #2444

2000 Asiacoin Free!

FAUCET REFILLED  Grin

Grab AC here:

http://www.cryptoarrow.com/faucets/asiacoin/index.php

cheers

"sine secretum non libertas"
BTC 1ABmTBQ3BAJ8tY6EpPM9a6ZoaWsaJipdGV
LTC LS5ejuvBJFAEZEDhYf3KAN8nGjjayTYxez
min
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May 24, 2014, 12:15:41 AM
 #2445

Why before the ban , there was more than 1000BTC in trade volume and now there is only 11BTC ? This coin was saved , there is a big community !!! Maybe than 100% POS it's too many no ? The best coins have only many million coin , I think 320 million is very important for interested investor.
MinerBay
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May 24, 2014, 01:20:51 AM
 #2446

https://i.imgur.com/D2z2l6Y.jpg
Scrappy Do
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May 24, 2014, 01:25:54 AM
 #2447

Maestro,

 I know you have broken down PoS stake 100 times here, and even sent me a PM explaining it.. but I have a mesely 214k in the wallet, and it simply aint happening... What the hell am I doing wrong?
CryptoSteam
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May 24, 2014, 01:36:19 AM
Last edit: May 24, 2014, 02:02:45 AM by CryptoSteam
 #2448

Sent another 1K AC to the faucet. Grab your AsiaCoins!

http://www.cryptoarrow.com/faucets/asiacoin/index.php
CryptoSteam
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May 24, 2014, 01:37:40 AM
 #2449

Maestro,

 I know you have broken down PoS stake 100 times here, and even sent me a PM explaining it.. but I have a mesely 214k in the wallet, and it simply aint happening... What the hell am I doing wrong?

If you have the new version of the wallet, you will have to be patient. I've received stakes no problem. It takes 2 weeks for the stake to happen.
slavo
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May 24, 2014, 01:44:30 AM
 #2450

Maestro,

 I know you have broken down PoS stake 100 times here, and even sent me a PM explaining it.. but I have a mesely 214k in the wallet, and it simply aint happening... What the hell am I doing wrong?

"proof-of-stake" : 0.00296347,

high diff = need more luck / time i suppose ?
CryptoSteam
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May 24, 2014, 01:53:19 AM
 #2451

Maestro,

 I know you have broken down PoS stake 100 times here, and even sent me a PM explaining it.. but I have a mesely 214k in the wallet, and it simply aint happening... What the hell am I doing wrong?

"proof-of-stake" : 0.00296347,

high diff = need more luck / time i suppose ?

You are correct, slavo.
MinerBay
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May 24, 2014, 03:05:32 AM
 #2452

https://i.imgur.com/U8uLZ0E.png
MinerBay
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May 24, 2014, 03:49:21 AM
 #2453

https://i.imgur.com/vjsGRIg.jpg
ORiN
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May 24, 2014, 04:11:42 AM
 #2454

Not sure if mine works. I decided to go with the Komodo dragon, exclusive to Asia.

CryptoSteam
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May 24, 2014, 04:16:10 AM
 #2455

Love the memes by ORiN and MinerBay!

In the meanwhile, vote for us at:

https://www.coinpayments.net/vote
usao
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May 24, 2014, 04:35:27 AM
 #2456

Maestro,

 I know you have broken down PoS stake 100 times here, and even sent me a PM explaining it.. but I have a mesely 214k in the wallet, and it simply aint happening... What the hell am I doing wrong?

"proof-of-stake" : 0.00296347,

high diff = need more luck / time i suppose ?

You are correct, slavo.

If interest is fixed for the first 2 months at 100%APR, what does luck have to do with anything?
Shouldn't we just received a fixed amount at exactly 14 days past coin birthday?
bittcoinn
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May 24, 2014, 06:10:35 AM
 #2457

MVI @MVI_00 · 2h

I just cancelled my 1.2 BTC buy order on #mintpalexchange and got back 1200 BTC!  Jackpot!  Later SUCKERS!

CryptoFlips @CryptoFlips · 2h

u all seeing this #BC madness on #mintpalexchange ?
bittcoinn
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May 24, 2014, 06:12:52 AM
 #2458


Sh*t Crypto ppl say @CryptoTrollBox 
 ·
 1h 

"hey i accidently got 103 btc extra on mint pal”

MVI @MVI_00 · 2h

I just cancelled my 1.2 BTC buy order on #mintpalexchange and got back 1200 BTC!  Jackpot!  Later SUCKERS!

CryptoFlips @CryptoFlips · 2h

u all seeing this #BC madness on #mintpalexchange ?

blackcoin allegedly killed cryptorush already
Maestro1 (OP)
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May 24, 2014, 09:16:10 AM
 #2459

Maestro,

 I know you have broken down PoS stake 100 times here, and even sent me a PM explaining it.. but I have a mesely 214k in the wallet, and it simply aint happening... What the hell am I doing wrong?

"proof-of-stake" : 0.00296347,

high diff = need more luck / time i suppose ?

You are correct, slavo.

If interest is fixed for the first 2 months at 100%APR, what does luck have to do with anything?
Shouldn't we just received a fixed amount at exactly 14 days past coin birthday?


There is no fixed interest in PoS (and using the word 'interest' is wrong), and using banking terms is also wrong. PoS staking is not the same as the interest you get from a bank.

Read:

Guys, about staking.

PoS (and PoW) are stochastic processes, it means there's a certain element of luck involved. If you see other PoS coin threads, the same questions has been continuously asked. PoS staking is like PoW mining, it's not a bank-style interest rate, it's a competition between minters to stake a block so the more people stake, the less likely it will be to find a block quickly. You can see the PoS difficulty by using the getdifficulty command from the debug console.

The stake rate (for all coins) refers to the amount of staking you receive when a mature block of coins that you have is staking another block, and the time it takes to stake it.

For example, if you have a block of 1000 AC with mature coins staking, and it takes 10 days to mint a new block, your old 1000 AC block is destroyed and you will get two payments in smaller blocks, each around 513.5 AC, adding to 1027 AC, or a 2.7% increase in 10 days, which is the same as 100% increase in a year. Once this happens, the new block age will be zero.

This is basically how PoS works. If you have a larger staking block, it will mint a block sooner (maybe within minutes of starting to stake), if you have a smaller one, it will take longer, maybe many days but your interest rate is calculated by the amount it took to stake the block. There are lots of PoS articles out there that explain this in detail.

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
Maestro1 (OP)
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May 24, 2014, 09:17:49 AM
 #2460

Maestro,

 I know you have broken down PoS stake 100 times here, and even sent me a PM explaining it.. but I have a mesely 214k in the wallet, and it simply aint happening... What the hell am I doing wrong?

You've been unlucky I guess (so have I, I'm in the same ship as you are). If you give me the address you hold your AC (here or PM), I can look it up in the block explorer to see if there is something wrong there.

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
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