hbhades
Newbie
 Offline
Activity: 14
Merit: 0
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June 12, 2014, 03:07:35 PM |
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For those still not seeing staking with the latest wallet code (not windows). It can take over 24 hours to see a stake reward.
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BTCMS
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June 12, 2014, 03:11:35 PM |
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What caused this slow dump in price? Hopefully we have reversed the trend, I don't see why this coin would be at this price..
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Geenstijl
Legendary
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Activity: 1232
Merit: 1000
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June 12, 2014, 03:16:04 PM |
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15% stake per year or per month?
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the_game1224
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June 12, 2014, 03:40:04 PM |
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What caused this slow dump in price? Hopefully we have reversed the trend, I don't see why this coin would be at this price..
It was some FUD that has been proven false regarding the premine being dumped that caused it to drop from ~2500 |
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rypto
Newbie
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Activity: 38
Merit: 0
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June 12, 2014, 03:43:14 PM |
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15% stake per year or per month?
15% stake per year |
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szenekonzept
Legendary
Offline
Activity: 2100
Merit: 1012
Europecoin Financecloud API
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June 12, 2014, 03:59:07 PM |
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15% stake per year or per month?
15% stake per year imagine a bank would give interests like this, we live in a great time :-) |
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Geenstijl
Legendary
Offline
Activity: 1232
Merit: 1000
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June 12, 2014, 04:13:59 PM |
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15% stake per year or per month?
15% stake per year imagine a bank would give interests like this, we live in a great time :-) So let me get it straight.... 12.5 million coins were PoW.... 100 million coins total... Staking distributed over 8 year period.... 12.5 x (1.15)^8 = not 100 million coins right? How does this work than? |
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hbhades
Newbie
Offline
Activity: 14
Merit: 0
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June 12, 2014, 04:38:39 PM |
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15% stake per year or per month?
15% stake per year imagine a bank would give interests like this, we live in a great time :-) So let me get it straight.... 12.5 million coins were PoW.... 100 million coins total... Staking distributed over 8 year period.... 12.5 x (1.15)^8 = not 100 million coins right? How does this work than? Good question. By my calculations it will take between 14 and 15 years to hit 100M |
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chadwickx16
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June 12, 2014, 04:40:29 PM |
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We need some steady volume on exchanges....
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BTCMS
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June 12, 2014, 04:51:40 PM |
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What caused this slow dump in price? Hopefully we have reversed the trend, I don't see why this coin would be at this price..
It was some FUD that has been proven false regarding the premine being dumped that caused it to drop from ~2500 Thanks, Then it doesn't make sense we are at this price. Oh well, holding  |
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szenekonzept
Legendary
Offline
Activity: 2100
Merit: 1012
Europecoin Financecloud API
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June 12, 2014, 04:52:33 PM |
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15% stake per year or per month?
15% stake per year imagine a bank would give interests like this, we live in a great time :-) So let me get it straight.... 12.5 million coins were PoW.... 100 million coins total... Staking distributed over 8 year period.... 12.5 x (1.15)^8 = not 100 million coins right? How does this work than? Good question. By my calculations it will take between 14 and 15 years to hit 100M did you calculate the "inerest-on-interest" also? |
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hbhades
Newbie
Offline
Activity: 14
Merit: 0
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June 12, 2014, 09:32:56 PM |
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15% stake per year or per month?
15% stake per year imagine a bank would give interests like this, we live in a great time :-) So let me get it straight.... 12.5 million coins were PoW.... 100 million coins total... Staking distributed over 8 year period.... 12.5 x (1.15)^8 = not 100 million coins right? How does this work than? Good question. By my calculations it will take between 14 and 15 years to hit 100M did you calculate the "inerest-on-interest" also? I did but only with a compound period of each year instead of 8 hours. In general, it's not that much more...even over a timespan like that (Not enought to turn 40M into 100M. |
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the_game1224
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June 13, 2014, 02:00:35 AM |
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Sorry guys, way too many red flags for me on this one. I'm out, best of luck to you all
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hbhades
Newbie
Offline
Activity: 14
Merit: 0
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June 13, 2014, 02:14:01 AM |
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Sorry guys, way too many red flags for me on this one. I'm out, best of luck to you all
Have a good one...don't see the point of this post other than FUD though... |
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jrich76
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June 13, 2014, 03:13:29 AM |
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Sorry guys, way too many red flags for me on this one. I'm out, best of luck to you all
I want cheap DIS too, but I don't FUD to get it. So you are out, great, who are you again? Not the only investor right. |
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bitsta
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June 13, 2014, 10:57:02 AM
Last edit: June 13, 2014, 05:44:50 PM by bitsta |
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finally things are being sorted out like adults.
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mdtspain
Legendary
Offline
Activity: 1076
Merit: 1003
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June 13, 2014, 11:15:07 AM |
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STAY AWAY FROM THIS SCAMMER !
RAXE.IO = William Giles = SCAMMER!!!
i warn all users to stay away from this crapdev and his coin and any project linked to him.
as you can see, I FIXED THE SOURCES (look at the last commit = github.com/distrocoin/distrocoin) and we had an appointment. I was paid about 40% of the agreed amount in front.
I and ra1nb0wdash fixed and tested the sources in an new network. And mining + staking
worked without problems. After i sent him the sources he said he will pay me the rest and so i
compiled him the WINDOWS wallet and sent it to him.
BUT WILLIAM GILES SCAMMED ME AND DIDN'T PAY THE REST!!!
WE WILL FIGHT THIS SCAMMER AND HIS SCAMMING COMPANY UNTIL THEY PAY US WHAT
BELONGS TO US!!
#OPantiRAXE will start tonight.
Wow....that's fucked up. No good sign....That means that the only DEV that was able to keep this coin going is now not available any more  PAY THE GUY !!! |
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bitjas
Member
Offline
Activity: 110
Merit: 10
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June 13, 2014, 11:24:28 AM |
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STAY AWAY FROM THIS SCAMMER !
RAXE.IO = William Giles = SCAMMER!!!
i warn all users to stay away from this crapdev and his coin and any project linked to him.
as you can see, I FIXED THE SOURCES (look at the last commit = github.com/distrocoin/distrocoin) and we had an appointment. I was paid about 40% of the agreed amount in front.
I and ra1nb0wdash fixed and tested the sources in an new network. And mining + staking
worked without problems. After i sent him the sources he said he will pay me the rest and so i
compiled him the WINDOWS wallet and sent it to him.
BUT WILLIAM GILES SCAMMED ME AND DIDN'T PAY THE REST!!!
WE WILL FIGHT THIS SCAMMER AND HIS SCAMMING COMPANY UNTIL THEY PAY US WHAT
BELONGS TO US!!
#OPantiRAXE will start tonight.
Wow....that's fucked up. No good sign....That means that the only DEV that was able to keep this coin going is now not available any more PAY THE GUY !!!Wow you really gonna believe one persons side of a story without hearing the full story from both parties, even if this is true, which I believe its not, why not give the owner of the coin Raxe.io the benefit of the doubt and let him tell his side of the story, I'm sure there is a pefectly good explaination, or its just FUD to get the price down, so "Bitsta" can buy cheap coins. |
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bitsta
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June 13, 2014, 11:48:34 AM |
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Is whole raxe.io = one person? As far as I heard, different people works on iOS app, tipping services and debit cards?
at least he s the owner of it. |
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iru786
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June 13, 2014, 11:53:34 AM |
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STAY AWAY FROM THIS SCAMMER !
RAXE.IO = William Giles = SCAMMER!!!
i warn all users to stay away from this crapdev and his coin and any project linked to him.
as you can see, I FIXED THE SOURCES (look at the last commit = github.com/distrocoin/distrocoin) and we had an appointment. I was paid about 40% of the agreed amount in front.
I and ra1nb0wdash fixed and tested the sources in an new network. And mining + staking
worked without problems. After i sent him the sources he said he will pay me the rest and so i
compiled him the WINDOWS wallet and sent it to him.
BUT WILLIAM GILES SCAMMED ME AND DIDN'T PAY THE REST!!!
WE WILL FIGHT THIS SCAMMER AND HIS SCAMMING COMPANY UNTIL THEY PAY US WHAT
BELONGS TO US!!
#OPantiRAXE will start tonight.
Wow....that's fucked up. No good sign....That means that the only DEV that was able to keep this coin going is now not available any more PAY THE GUY !!!Wow you really gonna believe one persons side of a story without hearing the full story from both parties, even if this is true, which I believe its not, why not give the owner of the coin Raxe.io the benefit of the doubt and let him tell his side of the story, I'm sure there is a pefectly good explaination, or its just FUD to get the price down, so "Bitsta" can buy cheap coins. there is NO explanation for it. i commited the new sources + sent him the new wallet-binary. he said that staking is NOT working. we tested it two times in an new network. even rented a VPS for it. everything worked fine. we also checked the forum and saw many other users staking without problems. thats it. we held our part of the deal. Raxe.io didn't. SO RAXE.IO SCAMMED US. conclusion: RAXE.IO = WILLIAM GILES = SCAMMER!!!I am not saying Bitsta is telling lies but i would like to hear other side of the story so that we know what exactly is going on. |
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