wxman
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Activity: 84
Merit: 10
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October 05, 2014, 02:04:31 PM |
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Sorry if I'm asking a repeated question - when do the markets open (e.g. Bittrex)? Thanks in advance.
Thanks - I saw that. But I guess I was looking for an exact time. As in - the markets open at XXXX UTC. I guess I'll just go off of 24 hours after that tweet (not that I'm selling; I just want to watch the market reaction). |
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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redsn0w
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Activity: 1778
Merit: 1042
#Free market
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October 05, 2014, 02:08:49 PM |
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Sorry if I'm asking a repeated question - when do the markets open (e.g. Bittrex)? Thanks in advance.
Thanks - I saw that. But I guess I was looking for an exact time. As in - the markets open at XXXX UTC. I guess I'll just go off of 24 hours after that tweet (not that I'm selling; I just want to watch the market reaction). The tweet was wrote at : 21:40 - 4 ott 2014 so I think today at 21.40 PM or ( I'm not sure) in the late evening. |
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fiftyseven
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October 05, 2014, 02:24:20 PM |
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The problem here is distribution... if it's 100% PoS to start, as soon as he tries to move the presale coins from block 1 to distribute to investors, they lose their age and have to mature 24 hours before being eligable to stake and move the blockchain on. So nothing would happen at this point and everyone's coins would sit there unconfirmed.
So it looks like PoW is in there, and coin subsidy is 1 coin, this means it can be mined with Scrypt so that people's coins arrive and confirm without issue. It also looks like block 1 had 100 less coins than presale, possibly a mistake, but BTCA's screenshot shows the full amount - bit odd but presume coin dev mined the missing 100 and sent them to him. Either way by the end of 24 hours, if people continue to mine it to push the blockchain on there will be around 3000 coins more than presale. Negligible in reality once staking starts producing coins. But it seems getting block 1 correct and making the PoW subsidy zero would have been better.
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redsn0w
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Activity: 1778
Merit: 1042
#Free market
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October 05, 2014, 02:25:59 PM |
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The problem here is distribution... if it's 100% PoS to start, as soon as he tries to move the coins from block 1, they lose their age and have to mature 24 hours before being eligable to stake and move the blockchain on.
So it looks like PoW is in there, and coin subsidy is 1 coin. It also looks like block 1 had 100 less coins than presale, possibly a mistake, but BTCA's screenshot shows the full amount. Either way by the end of 24 hours, if people continue to mine it to push the blockchain on there will be around 3000 coins more than presale. Negligible in reality once staking starts producing coins. But it seems getting block 1 correct and making the PoW subsidy zero would have been better.
If you don't to do the PoS mining , you can always send your arch to an exchange ( bittrex or bter  ). |
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andreibi
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Activity: 1647
Merit: 1012
Practising Hebrew before visiting Israel
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October 05, 2014, 02:27:57 PM |
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Yeah probably a last minute change or someone forgot to set the block reward to zero :X No, that's right. Remember it takes 24 hours for coins to be available for staking. So who's going to secure the network when all coins are unavailable at this moment for staking? That 3000 is two days. In 24 hours, staking coins will take over. |
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triebstahl
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Activity: 43
Merit: 0
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October 05, 2014, 02:28:13 PM |
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selling 19.7k ...pm me
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BTCarchitect (OP)
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October 05, 2014, 03:56:29 PM
Last edit: October 05, 2014, 04:07:25 PM by BTCarchitect |
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redsn0w
Legendary
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Activity: 1778
Merit: 1042
#Free market
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October 05, 2014, 03:58:50 PM |
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Oh great news ! thanks . |
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brows
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Activity: 49
Merit: 0
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October 05, 2014, 04:13:10 PM |
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Hello all.
My friend (who is not on BCT) has a serious wallet problem.
He downloaded the original wallet, created a new deposit address, then entered the crowdsale with it.
I guess at some point he closed the wallet, and has now opened it again to do the update and get his coins. However, the deposit address he created is MISSING.
Please someone tell me there is a way for him to still get his coins!
Thanks.
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shimlbit
Legendary
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Activity: 1302
Merit: 1001
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October 05, 2014, 04:23:49 PM |
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i think there is no way..one time wallet missing..coins away
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Byter88
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October 05, 2014, 04:35:17 PM |
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Is there a conf file for the wallet? Havent gotten my wallet to sync
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brows
Newbie
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Activity: 49
Merit: 0
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October 05, 2014, 04:49:03 PM |
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Hello all.
My friend (who is not on BCT) has a serious wallet problem.
He downloaded the original wallet, created a new deposit address, then entered the crowdsale with it.
I guess at some point he closed the wallet, and has now opened it again to do the update and get his coins. However, the deposit address he created is MISSING.
Please someone tell me there is a way for him to still get his coins!
Thanks.
He says the original address in the wallet remains, just the one he created is gone. He has a copy of the created address, and I assume it is on the ledger. So bummed for him. Any solutions? Architect? |
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syclone
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October 05, 2014, 04:51:12 PM |
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Check out the buy order at 110k sats in https://bter.com/trade/ARCH_BTC  Arch Profit Network - first crypto company of its kind. Wait for the press releases. Cry if you sell low. Is that going to be staying there? I'll take my exit now then.  |
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Spratan
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October 05, 2014, 04:57:16 PM |
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Counterparty or Auroracoin went largely over 100 M$ marketcap in the first days. No reason to sell at only 2-3 M$ marketcap !!
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HelloJackie
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Activity: 28
Merit: 0
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October 05, 2014, 05:03:22 PM |
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where are my coins? I have 0 active connections to network and 0 coins in my wallet
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AizenSou
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October 05, 2014, 05:07:55 PM |
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Check out the buy order at 110k sats in https://bter.com/trade/ARCH_BTC Arch Profit Network - first crypto company of its kind. Wait for the press releases. Cry if you sell low. Is that going to be staying there? I'll take my exit now then. Troll buy orders I suppose. It will be canceled immediately when the trading open. |
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kicker
Member
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Activity: 93
Merit: 10
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October 05, 2014, 05:11:18 PM |
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Check out the buy order at 110k sats in https://bter.com/trade/ARCH_BTC Arch Profit Network - first crypto company of its kind. Wait for the press releases. Cry if you sell low. Guys where all those fudders are right now ?? lol martket isnt open. The buy at 110 sats will be removed by then. |
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EtherCoin
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October 05, 2014, 05:12:37 PM |
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Yeah, specially this 24.9375 BTC order @ 0.00110000
Eth.
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fiftyseven
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October 05, 2014, 05:19:16 PM |
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Hello all.
My friend (who is not on BCT) has a serious wallet problem.
He downloaded the original wallet, created a new deposit address, then entered the crowdsale with it.
I guess at some point he closed the wallet, and has now opened it again to do the update and get his coins. However, the deposit address he created is MISSING.
Please someone tell me there is a way for him to still get his coins!
Thanks.
He says the original address in the wallet remains, just the one he created is gone. He has a copy of the created address, and I assume it is on the ledger. So bummed for him. Any solutions? Architect? If the original address is there, try creating another address and see if it appears - it's my understanding the private key has 100 or so addresses already associated with it ready for change etc... EDIT: see '3' at: http://bitcoin.stackexchange.com/questions/4239/what-exactly-happens-when-a-new-wallet-is-createdGood luck! |
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