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Author Topic: [ANN][SEED] SeedCoin | New Road Map  (Read 181795 times)
popcorn75
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October 16, 2014, 08:09:12 AM
 #2441

Now is the period of last stake, everyone will be able to stake only once in the growth period, and as the largest wallet didn't yet, I guess he locked his wallet for staking for next x hundred blocks to gain on time and will stake somewhere around/after block 19500. I will check later, if I`m correct. That was my mistake, that I missed that reward increase based on time and staked before block 8400.  Sad


this is not true. I will stake multiple time today. So will anyone else who has not moved any coins around since the start.

let me explain

1 seed stakes after 24 hours(28 to be exact) and gives you lets say another 1 seed(yes random number). When your now 2 seeds stake they will
stake at different times. So everyday my number of stakes and amount of stake have increased.
popcorn, I`m talking about the chunks, it is not 28 hours, depends on the size and nr. of confirmation, so if you have plenty of chunks, there may be multiple stakes, but the chunk which will stake now, wont stake again. And as for me, I have two wallets, in one, I was grouping the coins after stake back to one chunk, in other I left them to double after the stake. So far it looks that merging them was a better idea, as even I lost 120-140 confirmations, but larger chunks tend to stake faster, in the one without merging, I have now two pieces, 11 seeds each waiting now for stake for over 17 hours after the maturity (2504 confirms), merged 97 seeds in other wallet staked after 1700 confirms, so only 4.3 hours wait + 2 hours lost in merging.
[Edit]
But yes, I was wrong, the large wallets will have one more stake after today morning, I was looking on my average numbers, and if they stake now, they will be staking again after 19300. But if you wait for stake 6h+ as is average for me, I don't think I will have chance to get it twice on many of pieces in the wallet where I was not merging, so there I could hope for 1 stake for each piece.
[Edit 2]
My guess is, that the 28 hours quite regular stake without merging will apply only on couple of top addresses, as with some small transfers from mining pool before the growth period started, I was waiting for stake with over 4000 confirms.


I was just throwing random numbers out there.

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pkobse
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October 16, 2014, 08:21:30 AM
 #2442

Now is the period of last stake, everyone will be able to stake only once in the growth period, and as the largest wallet didn't yet, I guess he locked his wallet for staking for next x hundred blocks to gain on time and will stake somewhere around/after block 19500. I will check later, if I`m correct. That was my mistake, that I missed that reward increase based on time and staked before block 8400.  Sad


this is not true. I will stake multiple time today. So will anyone else who has not moved any coins around since the start.

let me explain

1 seed stakes after 24 hours(28 to be exact) and gives you lets say another 1 seed(yes random number). When your now 2 seeds stake they will
stake at different times. So everyday my number of stakes and amount of stake have increased.
popcorn, I`m talking about the chunks, it is not 28 hours, depends on the size and nr. of confirmation, so if you have plenty of chunks, there may be multiple stakes, but the chunk which will stake now, wont stake again. And as for me, I have two wallets, in one, I was grouping the coins after stake back to one chunk, in other I left them to double after the stake. So far it looks that merging them was a better idea, as even I lost 120-140 confirmations, but larger chunks tend to stake faster, in the one without merging, I have now two pieces, 11 seeds each waiting now for stake for over 17 hours after the maturity (2504 confirms), merged 97 seeds in other wallet staked after 1700 confirms, so only 4.3 hours wait + 2 hours lost in merging.
[Edit]
But yes, I was wrong, the large wallets will have one more stake after today morning, I was looking on my average numbers, and if they stake now, they will be staking again after 19300. But if you wait for stake 6h+ as is average for me, I don't think I will have chance to get it twice on many of pieces in the wallet where I was not merging, so there I could hope for 1 stake for each piece.
[Edit 2]
My guess is, that the 28 hours quite regular stake without merging will apply only on couple of top addresses, as with some small transfers from mining pool before the growth period started, I was waiting for stake with over 4000 confirms.


I was just throwing random numbers out there.
Yeah, you been right, because I used a bit unclear wording for what I was thinking about, I should put it as there will be one stake for small unmature blocks with less than 500 confirms right now, as they will start stake @ 18800, so only one chance. It is because I waiting for block 18000-18200 and if I will have such coins, I plan to merge them into one, so they will have higher weight after they mature around 19740 and then I will hope I will have one more chance.

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misocialnetwork
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October 16, 2014, 08:22:40 AM
 #2443

how do i unlock my wallet if anyone knows please get back to me thanks

Donate Seedcoins sUW6x5dUyH8BNioEunXn37RB3GTYMGnnUh
james42
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October 16, 2014, 08:24:50 AM
 #2444

I am expecting two more stakes before the end of growth period. I've also been combining my coins, it was clear a few days ago that small sized chunks would take significantly longer to gain a staking reward
bitkokos
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October 16, 2014, 08:38:18 AM
 #2445

how do i unlock my wallet if anyone knows please get back to me thanks
How did you lock it? it's the opposite.
if you didn't lock it, then it's unlocked

O_o
tx42
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October 16, 2014, 08:59:08 AM
 #2446


This second-to-last mint is probably going to be the last one for anyone who wants to beat the rush after the high-reward period is over.

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beefie
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October 16, 2014, 09:41:16 AM
 #2447

SEED is down on bittrex :[
popcorn75
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October 16, 2014, 09:46:19 AM
 #2448

how do i unlock my wallet if anyone knows please get back to me thanks
How did you lock it? it's the opposite.
if you didn't lock it, then it's unlocked


if you close your wallet then reopen, it will be locked

popcorn75
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October 16, 2014, 09:47:14 AM
 #2449

SEED is down on bittrex :[



https://bittrex.com/Market/Index?MarketName=BTC-SEED


works for me

Jonesd
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October 16, 2014, 09:53:48 AM
 #2450


Of course it is down. The amount is increasing rapidly at the moment. You can expect the price become 2.6 times as low during the high stake period. Don't make the mistake to store it there, though, because then, they will get the reward!

Thinking about it, they will probably keep a lot of it in cold wallets, so those coins will not stake. This will lower the amount of available coins in the end.

CryptoHobo
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October 16, 2014, 09:56:47 AM
 #2451


This second-to-last mint is probably going to be the last one for anyone who wants to beat the rush after the high-reward period is over.


yup, most of mine from yesterday still haven't staked, blocks of around 20 coins. I just hope to get a few more at high reward tomorrow its possible but unlikely imo
beefie
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October 16, 2014, 10:17:27 AM
 #2452


It looks like it works but try to do anything and its down,
beefie
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October 16, 2014, 10:19:17 AM
 #2453


Of course it is down. The amount is increasing rapidly at the moment. You can expect the price become 2.6 times as low during the high stake period. Don't make the mistake to store it there, though, because then, they will get the reward!

Thinking about it, they will probably keep a lot of it in cold wallets, so those coins will not stake. This will lower the amount of available coins in the end.
Sorry i mean down like its not listed for exchange, market-closed error, and yes the coin is also going down
Jonesd
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October 16, 2014, 10:58:06 AM
 #2454


Of course it is down. The amount is increasing rapidly at the moment. You can expect the price become 2.6 times as low during the high stake period. Don't make the mistake to store it there, though, because then, they will get the reward!

Thinking about it, they will probably keep a lot of it in cold wallets, so those coins will not stake. This will lower the amount of available coins in the end.
Sorry i mean down like its not listed for exchange, market-closed error, and yes the coin is also going down


I see what you mean. It seems it is not in search results, but still available via direct link. Strange

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October 16, 2014, 11:18:09 AM
 #2455

projected SEED growth with 1000 SEED at start of growth period
block 11540 - end of day 1 - 3,690 SEED
block 12980 - end of day 2 - 13,616.1 SEED
block 14420 - end of day 3 - 50,243.40 SEED
block 15860 - end of day 4 - 185,398.17 SEED
block 17300 - end of day 5 - 684,119.28 SEED
block 18740 - end of day 6 - 2,524,400.14 SEED
block 20100 - end of day 7 - 9,315,036.54 SEED


actual SEED growth
block 11540 - end of day 1 - 2014-10-12 00:23:26 - 3,438.48 SEED
block 12980 - end of day 2 - 2014-10-13 00:21:05 - 12,038.67 SEED
block 14420 - end of day 3 - 2014-10-13 23:57:53 - 36,695.71 SEED
block 15860 - end of day 4 - 2014-10-14 23:24:23 - 107,983.38 SEED
block 17300 - end of day 5 - 2014-10-15 22:34:19 - 326,300.57 SEED
block 18740 - end of day 6 - 2014-10-16
block 20100 - end of day 7 - 2014-10-17

* i will continue to update after end of each growth day

** new maximum potential coin supply at end of 7th growth day based on current 326,300.57 = 4,442,941.19 SEED

to align your price expectations:
if target marketcap is 100 BTC (~$40,000) with 4,442,941.19 coin supply, price would be 0.00002250 / SEED

Thanks for the overview! With a stake of 269%, the amount of coins should increase by 3.69 a day. With your exact numbers you get the following:

block 11540 - end of day 1 - 2014-10-12 00:23:26 - 3,438.48 SEED  - *3,44 or +244%
block 12980 - end of day 2 - 2014-10-13 00:21:05 - 12,038.67 SEED - *3.5 or +250%
block 14420 - end of day 3 - 2014-10-13 23:57:53 - 36,695.71 SEED - *3.05 or +205%
block 15860 - end of day 4 - 2014-10-14 23:24:23 - 107,983.38 SEED - *2.94 or +195%
block 17300 - end of day 5 - 2014-10-15 22:34:19 - 326,300.57 SEED - *3.02 or +202%


It could be that the staking is less high than it should be, but probably the lower staking is due to people selling of their  coins. This probably prevents those coins from gaining stake. Selling in this week is an extremely bad idea, because the price drops accordingly. At the end of the period we will see what happened. I think it is best to hold on to the coins for at least four weeks, in order to surpass the first turmoil.

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October 16, 2014, 11:28:37 AM
 #2456

projected SEED growth with 1000 SEED at start of growth period
block 11540 - end of day 1 - 3,690 SEED
block 12980 - end of day 2 - 13,616.1 SEED
block 14420 - end of day 3 - 50,243.40 SEED
block 15860 - end of day 4 - 185,398.17 SEED
block 17300 - end of day 5 - 684,119.28 SEED
block 18740 - end of day 6 - 2,524,400.14 SEED
block 20100 - end of day 7 - 9,315,036.54 SEED


actual SEED growth
block 11540 - end of day 1 - 2014-10-12 00:23:26 - 3,438.48 SEED
block 12980 - end of day 2 - 2014-10-13 00:21:05 - 12,038.67 SEED
block 14420 - end of day 3 - 2014-10-13 23:57:53 - 36,695.71 SEED
block 15860 - end of day 4 - 2014-10-14 23:24:23 - 107,983.38 SEED
block 17300 - end of day 5 - 2014-10-15 22:34:19 - 326,300.57 SEED
block 18740 - end of day 6 - 2014-10-16
block 20100 - end of day 7 - 2014-10-17

* i will continue to update after end of each growth day

** new maximum potential coin supply at end of 7th growth day based on current 326,300.57 = 4,442,941.19 SEED

to align your price expectations:
if target marketcap is 100 BTC (~$40,000) with 4,442,941.19 coin supply, price would be 0.00002250 / SEED

Thanks for the overview! With a stake of 269%, the amount of coins should increase by 3.69 a day. With your exact numbers you get the following:

block 11540 - end of day 1 - 2014-10-12 00:23:26 - 3,438.48 SEED  - *3,44 or +244%
block 12980 - end of day 2 - 2014-10-13 00:21:05 - 12,038.67 SEED - *3.5 or +250%
block 14420 - end of day 3 - 2014-10-13 23:57:53 - 36,695.71 SEED - *3.05 or +205%
block 15860 - end of day 4 - 2014-10-14 23:24:23 - 107,983.38 SEED - *2.94 or +195%
block 17300 - end of day 5 - 2014-10-15 22:34:19 - 326,300.57 SEED - *3.02 or +202%


It could be that the staking is less high than it should be, but probably the lower staking is due to people selling of their  coins. This probably prevents those coins from gaining stake. Selling in this week is an extremely bad idea, because the price drops accordingly. At the end of the period we will see what happened. I think it is best to hold on to the coins for at least four weeks, in order to surpass the first turmoil.
The exact 269% will be possible only with exactly 1440 pieces of same size staking one after another. Any, even smallest anomaly changes those numbers.

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October 16, 2014, 11:33:36 AM
 #2457


if target marketcap is 100 BTC (~$40,000) with 4,442,941.19 coin supply, price would be 0.00002250 / SEED
not when staking time says 8 hours and then it turns into 48 hour when my coins are already 24 hours old plus and the the big stakes have there coins staking every 3 minutes on time this is another reason the staking weight right now is almost 10 million cause there is a issue with this with the way it is going now slow as a snail there will be about 750,000 seedcoin max by the end of growth period i will bet 50 seedcoin on this any one what to bet i am game  
[/quote]

Considering the top wallet is going to have over 500k I will take that bet... you dont even have to pay me when I win. And i'll give you 100 if you are right.  The last day could be interesting. There is definitely a choice to be made. Either pull your coins to try to beat the dump, or try to stake as much as possible.  The more ppl that pull their coins, the easier it will be for those staking to get their stake...

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pkobse
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October 16, 2014, 12:00:02 PM
 #2458


if target marketcap is 100 BTC (~$40,000) with 4,442,941.19 coin supply, price would be 0.00002250 / SEED
not when staking time says 8 hours and then it turns into 48 hour when my coins are already 24 hours old plus and the the big stakes have there coins staking every 3 minutes on time this is another reason the staking weight right now is almost 10 million cause there is a issue with this with the way it is going now slow as a snail there will be about 750,000 seedcoin max by the end of growth period i will bet 50 seedcoin on this any one what to bet i am game  

Considering the top wallet is going to have over 500k I will take that bet... you dont even have to pay me when I win. And i'll give you 100 if you are right.  The last day could be interesting. There is definitely a choice to be made. Either pull your coins to try to beat the dump, or try to stake as much as possible.  The more ppl that pull their coins, the easier it will be for those staking to get their stake...
[/quote]

travis, right now you cannot sell, trex put the market down. I just don`t know if they will withhold it for couple of days to prevent big dump, or they are doing some maintenance, there is no message about it.
about the Nr. one, he has 189k, after tomorrow stake, he will have 697k, what the market cap will be, depends, what the last couple thousands blocks stakes will be, low base with many confirms, or high base from large wallets.

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October 16, 2014, 12:24:17 PM
 #2459


travis, right now you cannot sell, trex put the market down. I just don`t know if they will withhold it for couple of days to prevent big dump, or they are doing some maintenance, there is no message about it.
about the Nr. one, he has 189k, after tomorrow stake, he will have 697k, what the market cap will be, depends, what the last couple thousands blocks stakes will be, low base with many confirms, or high base from large wallets.
Who knows what bittrex is up to.  Im not saying bittrex is doing anything wrong as I really have no idea. Just that I have heard exchanges can do some shady stuff.

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travis72682
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October 16, 2014, 01:00:21 PM
 #2460

I think that staking is about over except for the top few stacks.... My time till reward is slowly increasing, and I have over 4000 seed IN A SINGLE CHUNK lol.  I knew it was possible and should have followed my gut to dump on day 5 and rebuy but what can you do.

My guesses about the top few having most the seed was correct, I thought this may happen on day 7, didnt see day six happening.  The top ten are going to have like 90% of the coins lol.

its dropped a little . . . we will see....

Bittrex being down def doesnt help though. Should have had it on another exchange as well. . .

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