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Author Topic: [ANN] FIMK: 2.5G POS, extra block rewards, messaging, asset colors, p2p shopping  (Read 184271 times)
Vega
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July 04, 2014, 01:35:33 PM
 #521

I think some selling is good.  FIM is new and it's good for it to change hands and acquire new stakeholders.

So far FIM has been much more fun than NXT b/c I'm mining/forging a fair amount of block rewards.  I'm holding long-term.

Agreed, if everyone holds, the coin is worthess. Distribution to new ppl is essential, but I don't think its going to happen on dgex. Mostly just existing shareholders increasing their stake, while others dumping.
This current price is because there are not many (if any) new buyers on dgex, so dumpers paniced and selling for lower then the starting price for FIM should be. Their loss, others gain.
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July 04, 2014, 01:53:54 PM
 #522

Yep, but dgex is just the first exchange not the last one. We will see some big news coming in next weeks, im pretty sure about that.

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July 04, 2014, 01:57:39 PM
 #523

Trade volume is low at the moment and stakeholders are not offloading to make quick profits so it can only means that they believe there are big things in store for FIM as everyone is holding.

If you bought 250,000 FIM at  0.0000015 and the price goes anywhere near NXT current price you will make a profit of 23 BTC. GREAT!

In the mean time do trade but don't dump as you will regret it.
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July 04, 2014, 02:35:22 PM
 #524

Trade volume is low at the moment and stakeholders are not offloading to make quick profits so it can only means that they believe there are big things in store for FIM as everyone is holding.

If you bought 250,000 FIM at  0.0000015 and the price goes anywhere near NXT current price you will make a profit of 23 BTC. GREAT!

In the mean time do trade but don't dump as you will regret it.

you seriously think we can hit 0.0001 before nxt doesnt go the same way higher?

would be hard for nxter.

you really think this is possible?
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July 04, 2014, 02:45:05 PM
 #525

At the current dgex sell price FIM will debut on coin market capital at 26th place so yes it can go 0.0001 but don't expect it to be there tomorrow. Slow gradual rise is much better then volatility which is why nxt is such a good crypto.
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July 04, 2014, 04:14:24 PM
Last edit: July 04, 2014, 04:29:26 PM by wiser
 #526

I see lots of people posting about how happy they are with the forging. I have been forging from the beginning and so far have not gotten a single block reward. My balance (now split over two forging accounts) amounts to over 30,000 FIM. Should I just consider this bad luck, or should I be looking for a problem? I understand the rewards are rather random so I'm not intending to complain that I'm not so lucky, but if there is a technical reason preventing me from getting block rewards, I'd like to resolve it. But I'm not sure what to be looking for. Both accounts say they are forging, and both have been on constantly (or close to it). I don't notice any error messages in the little java box on my computer either.

So... do I wait and hope to get lucky soon? Or do I trouble shoot?

Also, I did a small test of the first asset, and I notice that if you place a sell order and then cancel it, you're still out 0.1 FIM. Is that how it's supposed to be? Normally the trading fee wouldn't apply until the order actually executes. So... if I keep changing my mind about an order, I would pay  0.1 FIM each time I place a new order (even if it never fills)? Is that how it's set up? Is it too late to change it to where the fee only gets charged upon order execution? I would much prefer that.

EDIT: I really like the feature where it tells you if it's the asset issuer setting a sell order. I really LOVE that.
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July 04, 2014, 04:24:05 PM
 #527

I see lots of people posting about how happy they are with the forging. I have been forging from the beginning and so far have not gotten a single block reward. My balance (now split over two forging accounts) amounts to over 30,000 FIM.
With 30k you will forge a block every 4 days on avarage.
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July 04, 2014, 04:27:57 PM
 #528

I see lots of people posting about how happy they are with the forging. I have been forging from the beginning and so far have not gotten a single block reward. My balance (now split over two forging accounts) amounts to over 30,000 FIM.
With 30k you will forge a block every 4 days on avarage.

Thanks for the feedback. Hopefully I'll at least be average then, and forge one soon. With the first one, it's not even so much about the block reward as it is about the knowledge that brings that everything is working as it should. I felt the same way about forging my first block with NXT.
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July 04, 2014, 04:28:41 PM
 #529

With 30k you will forge a block every 4 days on avarage.

What is the formula you are using to calculate this?

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July 04, 2014, 04:46:23 PM
 #530

I see lots of people posting about how happy they are with the forging. I have been forging from the beginning and so far have not gotten a single block reward. My balance (now split over two forging accounts) amounts to over 30,000 FIM. Should I just consider this bad luck, or should I be looking for a problem?
Yes, for such amount and time spent forging it could be called [un]luck.

Also, I did a small test of the first asset, and I notice that if you place a sell order and then cancel it, you're still out 0.1 FIM. Is that how it's supposed to be? Normally the trading fee wouldn't apply until the order actually executes. So... if I keep changing my mind about an order, I would pay  0.1 FIM each time I place a new order (even if it never fills)? Is that how it's set up? Is it too late to change it to where the fee only gets charged upon order execution? I would much prefer that.
Every operation is proceeded through the blockchain, so you need to pay fee to avoid spam actions.
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July 04, 2014, 04:57:09 PM
 #531

With 30k you will forge a block every 4 days on avarage.

What is the formula you are using to calculate this?

It was a WAG actually, but looks accurate. (with 100% base target)

333000000 / 2880 = 115625 (all available coins / blocks per day)
(30000 * 1) / 115625 = 0,259 (your coins * block target = how many block per day)

This is not accurate, because numbers are changing. Coin supply increasing, in reallity there is less then 2880 blocks per day, and the base target depends on how many coins are forging any given moment.

If you want to know more:
http://www.thenxtwiki.org/wiki/FAQ#Forging
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July 04, 2014, 05:47:28 PM
 #532


Yes we noticed.

You should not worry, it's just the blockexplorer scraper scripts that have a small error somewhere in the transaction/balance calculations.
This is not related to the FIM blockchain in any way.

Your balance in the client is your correct balance. We'll be working on fixing the blockexplorer scripts today.

Great.  Thanks much!

Hi guys.  Just to let you know, my wallet is now showing off by ~1200 FIM (6 POW).  the Blockchain error is slowly increasing over time.

just in case this info helps you troubleshoot.

i really like the client - works great

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July 04, 2014, 05:59:09 PM
 #533

Yes we noticed.
You should not worry, it's just the blockexplorer scraper scripts that have a small error somewhere in the transaction/balance calculations.
This is not related to the FIM blockchain in any way.
Your balance in the client is your correct balance. We'll be working on fixing the blockexplorer scripts today.

Great.  Thanks much!

Hi guys.  Just to let you know, my wallet is now showing off by ~1200 FIM (6 POW).  the Blockchain error is slowly increasing over time.

just in case this info helps you troubleshoot.

i really like the client - works great

Please don't mind the block explorer we're working on that (actually more trying to make time to work on it). But be assured the block explorer is nothing more than some scripts who fill a database of block data. The high number of forgers and blocks being added and removed is confusing it right now.

Edit: it's block explorer of course
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July 04, 2014, 06:45:48 PM
 #534

not yet on coinmarketcap
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July 04, 2014, 06:52:59 PM
 #535

not yet on coinmarketcap

give it some time, the coin just came out mate.
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July 04, 2014, 06:58:53 PM
 #536

not yet on coinmarketcap

What's the best way to add?

         
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July 04, 2014, 07:16:02 PM
 #537


Could it be good to get more exchanges involved before listing in cmc?

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July 04, 2014, 07:17:32 PM
 #538

I think patience will serve us well.   We should be listed eventually but should not rush.  This coin us just days old.

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July 04, 2014, 07:25:55 PM
 #539


Thanks.

Yep we're not rushing it. Some time next week.

         
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Malooka
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July 04, 2014, 07:31:11 PM
 #540

"secretPhrase" not specified

Trying to transfer to DGEX and can't due to the error above.

The downloadable wallet seems like a real pain just to install.

Thanks DGEX - I can always count on you when I need a difficult time.
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