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pnosker
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July 07, 2014, 05:35:03 PM |
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If a wallet has 10,000 coins and it moved 5,000 of the coins to another PC, how would that affect the staking on each of the 2 wallets? Also are there any staking advantages for coins that have staked for 2 months vs coins that have staked for 2 days.
It resets the coin age. You are better off staking for the long-term than short term spurts. |
Support the VeriFund Endowment.
VRC: VFEndownxxnHea9mv59kZx8c7TysGbndYx
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Reavon
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July 07, 2014, 05:48:12 PM |
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that pretty much sums it up..  ...  |
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blackbird307
Full Member
 Offline
Activity: 238
Merit: 100
★YoBit.Net★ 350+ Coins Exchange & Dice
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July 07, 2014, 05:50:45 PM |
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Lol, i MADE money last weekend 10btc only by reading order books. or do you think when someone wants to buy 5 coins for a higher price then the actual one and keeps repeating that is a normal process?
Come on, do something better to fud me.
Everybody reads the order books, what makes you or it so special? |
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drkman
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July 07, 2014, 06:46:52 PM |
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GOOD RIDDANCE WEAK HANDS! Your dumping makes the coin stronger.
Also, @pnosker. I know the multipool has an OBA function to try to buy coins on the cheap for the multipool users but what about modifying the multipool payout formula where a full 25% of all multipool profits are reserved for low ball limit buy orders (-30% through -50%) on the market. For example, on this latest dump to 28000, if 25% of the multipool funds had been reserved, then the multipool could have made some amazing buys at a 40% discount which would then have been a huge boon to the multipool miners and at the same time it makes the coin price more stable.
It would also give yet another strong incentive for everyone to point their miners to the Vericoin multipool because they know that they will be leveraging their mining profits by always getting cheap coins on any short term dumps.
What do you guys think?
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pnosker
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July 07, 2014, 06:49:37 PM |
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GOOD RIDDANCE WEAK HANDS! Your dumping makes the coin stronger.
Also, @pnosker. I know the multipool has an OBA function to try to buy coins on the cheap for the multipool users but what about modifying the multipool payout formula where a full 25% of all multipool profits are reserved for low ball limit buy orders (-30% through -50%) on the market. For example, on this latest dump to 28000, if 25% of the multipool funds had been reserved, then the multipool could have made some amazing buys at a 40% discount which would then have been a huge boon to the multipool miners and at the same time it makes the coin price more stable.
It would also give yet another strong incentive for everyone to point their miners to the Vericoin multipool because they know that they will be leveraging their mining profits by always getting cheap coins on any short term dumps.
What do you guys think?
Good suggestion. We already do have a limit but don't want to disclose as that could make it easy to take advantage of. The VeriPool OBA made several buys in the 28000-31000 region and people should get some pretty good payouts within the next few days from that. |
Support the VeriFund Endowment.
VRC: VFEndownxxnHea9mv59kZx8c7TysGbndYx
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Alns
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July 07, 2014, 06:49:44 PM |
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15:44:02 0.000399 33.2155  Some fucker bought 33 BTC worth of VRC. |
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ScottAllyn
Full Member
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Activity: 236
Merit: 100
¿ʇɐɥʍ
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July 07, 2014, 06:50:47 PM |
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I will be giving away 100+ VRC to ten random users on the official VeriCoin IRC channel (#vericoin on FreeNode) some time within the next ~7 hours. If anybody wants to donate to the giveaway, send some VRC to VLBbUjTQ51gEYVgj9R6F29RAKXPN5rmpy2 . The balance @ that address + 1000 VRC will be divided between the 10 winners. If anyone has any doubts about my intentions with that donation address, just ask on the channel. I've already given away 1000 VRC earlier today. I've also donated near 30,000 VRC to the various VRC funds. I'm mostly trustworthy!  |
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Reavon
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July 07, 2014, 06:52:29 PM |
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there we go #1 volume on mint again |
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Burninj
Legendary
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Activity: 1148
Merit: 1000
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July 07, 2014, 06:56:06 PM |
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MAD945
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July 07, 2014, 07:16:01 PM |
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Man, I fell off my seat laughing lol! |
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surestrike
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July 07, 2014, 07:30:20 PM |
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Oh dear. looks like a couple of whales just took some big hits. Nom, nom.... Whale sushi for dinner tonight.
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Autodidact
Member
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Activity: 69
Merit: 10
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July 07, 2014, 08:27:21 PM |
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Is it just me or did this thread lose a few posts?
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alwa1
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July 07, 2014, 08:28:36 PM |
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Is it just me or did this thread lose a few posts?
just one spam |
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Autodidact
Member
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Activity: 69
Merit: 10
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July 07, 2014, 08:41:39 PM |
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Is it just me or did this thread lose a few posts?
just one spam Oh I thought it was more than that, thanks |
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DARKANGEL6415
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July 07, 2014, 09:14:21 PM |
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good luck with vrc  but don't cry when it goes down to 15K  Date Registered: June 24, 2014, 06:26:53 PM lol enough said with your reply |
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buy4crypto
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July 07, 2014, 10:22:36 PM |
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Over 39% of Mintpal volume in past 24 hours. I'd say VRC has some peoples attention.
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Shill
Newbie
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Activity: 57
Merit: 0
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July 07, 2014, 10:24:13 PM |
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Oh dear. looks like a couple of whales just took some big hits. Nom, nom.... Whale sushi for dinner tonight.
BTW, Thanks for the coins you bipolar weirdo. |
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DARKANGEL6415
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July 08, 2014, 12:33:48 AM |
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Pump failed lol
... failed? Hes looking at the 1 minute chart. Outside reversal in the candlesticks. All those people charting out the drop to x just got the same signal to buy now for a steady increase in the days ahead. lol looking at 1 min chart |
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socal
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July 08, 2014, 03:57:02 AM |
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holy shit who is behind this huge pump??
is it a bull trap, some small pump, orchestrated by dirty iconic Trader who didnot aquire sell all remaining coins or is it something good for us?
is it a final reversal of that dirty dump?
awwwww does the little FUD spreading weakhand want his coins he sold back? Didn't I tell you this would happen? Take your FUD elsewhere bro, I'm done with you. |
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cloverme
Legendary
Offline
Activity: 1512
Merit: 1057
SpacePirate.io
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July 08, 2014, 05:16:17 AM |
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To add to the largest amount being staked today by minters at 16-18 million. You also have a large increase in wallets to the biggest amount at over 5,000 now.
Looks like VRC is starting to get some nice distribution.
Yet Another Staking Question: Does the network staking number only include the coins marked "Staked"? If so, there are millions of coins sitting in wallets trying to be staked, but aren't yet. I have a dedicated wallet jut for staking and I have never seen more than 20% of them "Staked" at any time. Matter of fact, the number of my "Staked" coins went down over night... curious. I have the same question... In fact, it would be nice to see some more details on staking on the vericoin website... http://www.vericoin.info/interest.html. From what I'm reading (i think) an open wallet is going to earn a dynamic interest rate from 0 to 3%. I had a wallet open for two days and noting happened, so it would be interesting to see some more information on the staking mechanism. That being said the thread here seems overly focused on buy/sell with attention to btc conversion, which seems to me just another alt coin method. Staking appears to be the way to prevent this pump and dump alt coin explosion though which I think is positive. Also no idea what verifund is, The chart on the website doesn't explain much. So I'm confused about that as well. I'm interested in this coin, but it's suffering from a lack of information. Maybe I'll contact the vericoin team and see if they are planning on doing any more information on staking or verifund. |
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Poll
