[ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin"

[BayAreaCoins]

big whale just pump it.

CLAM is super small.  

I hope it is a group that wants to take part of the staking process and long term profit.

"They" sucked JD down to 1.18 million from a 1.42 million high (not sure the exact ATH)... pretty impressive for just a 48 hour period.

Their buy only bumped CLAM to a little above a $2 million dollar market cap.  That's nothing for a global thing.

[Timetwister]

big whale just pump it.

CLAM is super small.  

I hope it is a group that wants to take part of the staking process and long term profit.

Long term profit how? CLAMS are basically casino chips for Just Dice. You'd be betting on Just Dice returns rising. And also, as CLAM gets more expensive, more people is encouraged to dig them, which negatively affects its price.

[picolo]

big whale just pump it.

CLAM is super small.  

I hope it is a group that wants to take part of the staking process and long term profit.

Long term profit how? CLAMS are basically casino chips for Just Dice. You'd be betting on Just Dice returns rising. And also, as CLAM gets more expensive, more people is encouraged to dig them, which negatively affects its price.

They are casino chips for just-dice and a way to invest in the just-dice bank. The market dynamics are hard to grasp, one big holder can obviously move the market considerably.

[mitache365]

Last release is one year ago?

[labestia]

is it too late to claim my clams from my doge wallet?  i just tried to import and nothing shows in my clam balance

[BayAreaCoins]

is it too late to claim my clams from my doge wallet?  i just tried to import and nothing shows in my clam balance

There isn't an expiration date on Clamcoins at the moment.

I would rather never see coins go tits up due to time.

[labestia]

is it too late to claim my clams from my doge wallet?  i just tried to import and nothing shows in my clam balance

There isn't an expiration date on Clamcoins at the moment.

I would rather never see coins go tits up due to time.

hmmn, not sure what i'm missing then.  I had plenty of doge in that wallet prior to the benchmark date and I tried file>import wallet and imported the dogecoin wallet.dat file.  No clams show up, am i not pushing 'Enter' hard enough?

[rocoro]

Long term profit how? CLAMS are basically casino chips for Just Dice. You'd be betting on Just Dice returns rising. And also, as CLAM gets more expensive, more people is encouraged to dig them, which negatively affects its price.

In your ultimate bearish view,  if it is the truth then why wouldn't everyone just dig them right now - in a "race to the bottom" of price?

Doesn't seem to be the case.

[labestia]

got it, had to run --salvagewallet.

ty

[pigheadbig]

How long since the process from dev?

[andulolika]

Long term profit how? CLAMS are basically casino chips for Just Dice. You'd be betting on Just Dice returns rising. And also, as CLAM gets more expensive, more people is encouraged to dig them, which negatively affects its price.

In your ultimate bearish view,  if it is the truth then why wouldn't everyone just dig them right now - in a "race to the bottom" of price?

Doesn't seem to be the case.

There is A LOT of clams in physical coins, there is a lot also that were probably lost, and well, many just don't want to bother themselves or are waiting till the price is higher.

[.m.]

It seems after big raise the price is falling down. -11% with daily volume over 350 BTC.

[andulolika]

It seems after big raise the price is falling down. -11% with daily volume over 350 BTC.

Take count of all the clams that were bought up

[rocoro]

It seems after big raise the price is falling down. -11% with daily volume over 350 BTC.

Take count of all the clams that were bought up

Plus the price is still up a good amount since Sept. 8th.  I guess its all perspective. 

[den5221]

Hi
I have found an oldd dogewallet and checked if there are clams on it.
the receiving addresses are empty but one of my sending addresses got 4 clams on it.

how to get the private key for the sending address?

[kprell40]

I have a weird question,  if someone could help me out

What is the minimum amount of  coins,  I need For the POS to work someone okay?

What I been doing this lending them out on poloniex,  I don't have a lot of coins as of yet will get more soon

[aamarket]

Hard to say - the price of the coin is going down https://bittrex.com/Market/Index?MarketName=BTC-CLAM

[BayAreaCoins]

I have a weird question,  if someone could help me out

What is the minimum amount of  coins,  I need For the POS to work someone okay?

What I been doing this lending them out on poloniex,  I don't have a lot of coins as of yet will get more soon

Read the thread or search it in here.

I would answer, but I'm not exactly sure because I stake at Just-Dice.

[rocoro]

Hard to say - the price of the coin is going down https://bittrex.com/Market/Index?MarketName=BTC-CLAM

Compared to what timeframe?  
If you look back when it started out,  its not down at all.

For example, just picking a point in time,  in Oct. about 2 years ago it was only 18k satoshi.

Please be more specific in terms of a timeframe.

 

[dooglus]

I have found an oldd dogewallet and checked if there are clams on it.
the receiving addresses are empty but one of my sending addresses got 4 clams on it.

how to get the private key for the sending address?

What is a "sending address"? You can only send coins from addresses that previously received coins, so I would think the "sending address" is the same as the previous "receiving address". Or do you mean that there are some CLAMs on an address you once sent some coins to, but don't control? In that case the CLAMs belong to the owner of that address.

Sorry I can't give you a better answer, but I don't think I really understand the question.

What is the minimum amount of  coins,  I need For the POS to work someone okay?

What I been doing this lending them out on poloniex,  I don't have a lot of coins as of yet will get more soon

Every 16 seconds, the wallet client will hash together a bunch of information for each of your mature unspent outputs in turn and check whether the hash is lower than some target. If so, that output gets to stake. The target is based on the size of the output and the current network difficulty. The smaller the output, the lower the target, and so the lower the chance that the hash will be lower than the target.

Any non-zero valued unspent output has a chance of staking, but the chance is proportional to the value of the output.

A 1000 CLAM output will stake about once per day.
A 1 CLAM output will stake about once per 3 years.
A 0.1 CLAM output will stake about oonce per 30 years.
Etc.

So a single 'clamtoshi' output (0.00000001 CLAMs) can still stake, but it is very unlikely that it ever will. The expected time to stake for a single clamtoshi is around 300 million years.

So I'm telling you there's a chance, yeah!