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Author Topic: [♔] British Digital Currency | 5% annual PoS - Bittrex - Fiat to BritCoin [BRIT]  (Read 123459 times)
fiftyseven
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July 21, 2014, 01:16:02 PM
 #1061

Hello, really sorry for not getting back to you.  We still haven't figured out why you're not getting the right amount of stake, I have been shown the lines of code responsible for calculating and paying stake and everything checks out.  I don't have OSx to test it out myself, but if we can't figure out what's causing it then I'll rent a virtual OSx box to do testing.

Btw, is your wallet unlocked?  It needs to be un-locked to receive your stake.  Also how are you calculating your daily mined coins?

I'm sure we'll figure this out one way or another, thanks for your support. Smiley

William, I presume you are the @britcoin twitter account too? I sent you screenshots of the staking not being right ages ago and you said you would follow up with the coin developer? I'm still getting nothing like the right amount of coins.

As a final test I'll install the windows wallet and send all my coins there and wait a day to see if it's anything near it should be. Looking at the block explorer though, no blocks are generated with a decent amount of stake interest in them - my 600k coins can sit there all day and get between 2-3 in total. It's as if we're getting tx fees or a very small amount compared to 5%.

Obviously none of this means much while Britcoin is young and of little value price wise, but it'd be good to understand whether this is a real issue or not. As I say, I'm not the only one to notice this.

Perhaps others see it as correct because it happens that we all get the same kind of returns and that may equal 5% a year to them?

Yes, the wallet is unlocked - I have also prevented 'app nap'  on it (a osx quirk), it really doesn't stake the way people describe, hence I'll try the windows version over a couple of days to see if it's that. Thanks.
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July 21, 2014, 01:21:10 PM
 #1062

It would probably be worthwhile organising some method of getting Prypto (scratchcard paper wallets) cards made up for Britcoin as an easy means for buying Britcoin.  I contacted Prypto and the said it should be no problem to arrange this with one of their resellers.  Will, if you could speak to them to set up some sort of arrangement it would be brilliant.  Here is a link to their UK resellers:

https://prypto.com/resellers/?pg=qLS1s6rS0OXZ1d3d2ew=&country=GB

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July 21, 2014, 01:22:35 PM
 #1063

Quote
Yes, the wallet is unlocked - I have also prevented 'app nap'  on it (a osx quirk), it really doesn't stake the way people describe, hence I'll try the windows version over a couple of days to see if it's that. Thanks.

Yes I'm also on OS-X and I'm not getting the amount I should be.  I'm not too concerned about it right now myself but obviously this will need to be resolved.

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July 21, 2014, 01:29:19 PM
 #1064

It would probably be worthwhile organising some method of getting Prypto (scratchcard paper wallets) cards made up for Britcoin as an easy means for buying Britcoin.  I contacted Prypto and the said it should be no problem to arrange this with one of their resellers.  Will, if you could speak to them to set up some sort of arrangement it would be brilliant.  Here is a link to their UK resellers:

https://prypto.com/resellers/?pg=qLS1s6rS0OXZ1d3d2ew=&country=GB

That's absolutely fantastic!  I will get in touch with them today and see what we can do.  I think it's a great way to spread awareness.  Smiley

Thanks a lot, you're a legend.

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July 21, 2014, 01:32:20 PM
 #1065

Hello, really sorry for not getting back to you.  We still haven't figured out why you're not getting the right amount of stake, I have been shown the lines of code responsible for calculating and paying stake and everything checks out.  I don't have OSx to test it out myself, but if we can't figure out what's causing it then I'll rent a virtual OSx box to do testing.

Btw, is your wallet unlocked?  It needs to be un-locked to receive your stake.  Also how are you calculating your daily mined coins?

I'm sure we'll figure this out one way or another, thanks for your support. Smiley

William, I presume you are the @britcoin twitter account too? I sent you screenshots of the staking not being right ages ago and you said you would follow up with the coin developer? I'm still getting nothing like the right amount of coins.

As a final test I'll install the windows wallet and send all my coins there and wait a day to see if it's anything near it should be. Looking at the block explorer though, no blocks are generated with a decent amount of stake interest in them - my 600k coins can sit there all day and get between 2-3 in total. It's as if we're getting tx fees or a very small amount compared to 5%.

Obviously none of this means much while Britcoin is young and of little value price wise, but it'd be good to understand whether this is a real issue or not. As I say, I'm not the only one to notice this.

Perhaps others see it as correct because it happens that we all get the same kind of returns and that may equal 5% a year to them?

Yes, the wallet is unlocked - I have also prevented 'app nap'  on it (a osx quirk), it really doesn't stake the way people describe, hence I'll try the windows version over a couple of days to see if it's that. Thanks.

Yep, wait 2-3 days.. At the beginning i had something similar under windows - there was just few transactions per day and that was for sure less than 5%. Now i have hundreds of small transactions per day and it looks correct.

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July 21, 2014, 01:35:59 PM
 #1066

Our PR release was published a few hours ago, check it out here;

http://tinyurl.com/ln5cw85

Keep in mind that the article was created with the general public in mind, we didn't want to scare people off by confusing them with technical terms and details that you're all familiar with on BCT.  We're already starting to get some traction with it.. I have just responded to an email from the tech journalist at the International Business Times asking me some questions about BritCoin, which is great. Smiley

Hope it's the first of many. Smiley

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July 21, 2014, 01:42:22 PM
 #1067

Our PR release was published a few hours ago, check it out here;

http://tinyurl.com/ln5cw85

Keep in mind that the article was created with the general public in mind, we didn't want to scare people off by confusing them with technical terms and details that you're all familiar with on BCT.  We're already starting to get some traction with it.. I have just responded to an email from the tech journalist at the International Business Times asking me some questions about BritCoin, which is great. Smiley

Hope it's the first of many. Smiley


Well done Sir!  Smiley

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July 21, 2014, 01:51:18 PM
 #1068

Thanks!  We're hoping that we can get some attention within the British general public, and bring in a new wave of buyers of course. Smiley

Our PR release was published a few hours ago, check it out here;

http://tinyurl.com/ln5cw85

Keep in mind that the article was created with the general public in mind, we didn't want to scare people off by confusing them with technical terms and details that you're all familiar with on BCT.  We're already starting to get some traction with it.. I have just responded to an email from the tech journalist at the International Business Times asking me some questions about BritCoin, which is great. Smiley

Hope it's the first of many. Smiley


Well done Sir!  Smiley


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July 21, 2014, 02:31:25 PM
 #1069

I tweeted Moolah and this is what they said:

Quote
@Soul_Eater_43  After the debacle that was #auroracoin - I am highly reserved on country coins...

I think it would be a good idea for the team to get in touch with them directly and assuage any fears that they have.  The addition of Moolah would be massive as it would allow direct fiat to Britcoin conversion.

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July 21, 2014, 02:42:53 PM
 #1070

Yeah talk to them about the difference that is BRIT. No lame airdrop gimmick, etc. in fact Brit is free of any of the latest gimmicks and fads.
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July 21, 2014, 03:26:20 PM
 #1071

I tweeted Moolah and this is what they said:

Quote
@Soul_Eater_43  After the debacle that was #auroracoin - I am highly reserved on country coins...

I think it would be a good idea for the team to get in touch with them directly and assuage any fears that they have.  The addition of Moolah would be massive as it would allow direct fiat to Britcoin conversion.

I can understand their hesitation, but I'm sure I can convince them to come around.  I will get in touch with them again and see what we can do. Smiley

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July 21, 2014, 04:15:32 PM
 #1072

Just had a great article published on 'International Business Times' about BritCoin, take a look;

http://www.ibtimes.co.uk/britcoin-future-digital-currency-uk-1457617

They recieve over 5 million visitors per month in the UK alone, so this is great publicity for us. Smiley

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July 21, 2014, 04:15:59 PM
 #1073

http://www.ibtimes.co.uk/britcoin-future-digital-currency-uk-1457617

 Grin  Grin  Grin

Edit: William was faster..  Grin

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July 21, 2014, 05:14:27 PM
 #1074

Luckily I've started receiving payments on Coinking.io again.  I think it's the coin conversion stage that slows things down as direct payouts are very quick.  In fact I just took some of the coins out myself and converted them directly on Bittrex which was a lot quicker to test this out.

This is fortunate as I've had to cancel the alternative Pool with Livechains - it was getting too expensive.  I had already paid $90 which I thought covered me for the first month but they sent me another invoice today for $140 dollars and it was basically more trouble/cost than it was worth.  I wasn't able to even figure out how to use or run it on my own, so it didn't really make sense. 

Anyway once my mini ASIC arrives I'm going to point it straight to mining at CoinKing.  It's only 5MH/s but it should use less power than my GPU rigs and if I can replace some of my GPUs I can buy more ASICs.

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July 21, 2014, 06:16:39 PM
 #1075

Just had a great article published on 'International Business Times' about BritCoin, take a look;

http://www.ibtimes.co.uk/britcoin-future-digital-currency-uk-1457617

They recieve over 5 million visitors per month in the UK alone, so this is great publicity for us. Smiley

Well done on that:)

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July 21, 2014, 07:15:12 PM
 #1076

Just had a great article published on 'International Business Times' about BritCoin, take a look;

http://www.ibtimes.co.uk/britcoin-future-digital-currency-uk-1457617

They recieve over 5 million visitors per month in the UK alone, so this is great publicity for us. Smiley

Well done on that:)

Noice!
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July 21, 2014, 07:27:57 PM
 #1077

Just had a great article published on 'International Business Times' about BritCoin, take a look;

http://www.ibtimes.co.uk/britcoin-future-digital-currency-uk-1457617

They recieve over 5 million visitors per month in the UK alone, so this is great publicity for us. Smiley

Well done on that:)

Noice!


Thanks guys!  I still think we may get some more, even bigger media publications by the end of the week.  PR releases can take days before a journalist will get in contact, so there's probably more to come.  You never know, we may reach the holy grail that is BBC. Smiley

Bad news about the dedicated multipool Soul_eater_123, but thank you for trying, it's really great of you to contribute like that. Smiley  We're still in relatively early days and we have CoinKing payouts working (eventually) and hopefully when the price goes up we'll have more people wanting to mine and get paid out in Brits.


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July 21, 2014, 07:33:45 PM
 #1078

BRIT is the only coin im holding. Daytrade all the rest.  Grin
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July 21, 2014, 08:03:33 PM
 #1079

Quote
Thanks guys!  I still think we may get some more, even bigger media publications by the end of the week.  PR releases can take days before a journalist will get in contact, so there's probably more to come.  You never know, we may reach the holy grail that is BBC. Smiley

Bad news about the dedicated multipool Soul_eater_123, but thank you for trying, it's really great of you to contribute like that. Smiley  We're still in relatively early days and we have CoinKing payouts working (eventually) and hopefully when the price goes up we'll have more people wanting to mine and get paid out in Brits.

Great work.  Now might be a good time to get in touch with David Seaman again on doing an interview, particularly as Yahoo news has picked up the IBT article.  Don't forget to mention this to him - he might be more interested if he thinks there is going to be interest building in Britcoin.  Also there is a UK based podcast called Bitcoin UK (podcast feed: http://www.bitcoinukmedia.com/?feed=podcast; @BitcoinUKmedia on Twitter) - would be worth talking to them too.

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July 21, 2014, 08:05:01 PM
 #1080

This coin was not pumped, not dumped.. It was mined without problems ... From the beginning to the end.. It has continous support and news..

Literally this coin has everything it should have.. but its still quite undervalued..

Fascinating Wink

suprnova pools - reliable mining pools - #suprnova on freenet
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