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Author Topic: [ANN][SEED] SeedCoin | New Road Map  (Read 184068 times)
james42
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October 16, 2014, 08:24:50 AM
 #2441

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
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October 16, 2014, 08:38:18 AM
 #2442

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
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October 16, 2014, 08:59:08 AM
 #2443


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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October 16, 2014, 09:41:16 AM
 #2444

SEED is down on bittrex :[
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October 16, 2014, 09:46:19 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


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

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October 16, 2014, 09:47:14 AM
 #2446

SEED is down on bittrex :[



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


works for me

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October 16, 2014, 09:53:48 AM
 #2447


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.

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October 16, 2014, 09:56:47 AM
 #2448


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
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October 16, 2014, 10:17:27 AM
 #2449


It looks like it works but try to do anything and its down,
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October 16, 2014, 10:19:17 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.
Sorry i mean down like its not listed for exchange, market-closed error, and yes the coin is also going down
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October 16, 2014, 10:58:06 AM
 #2451


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
 #2452

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
 #2453

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
 #2454


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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October 16, 2014, 12:00:02 PM
 #2455


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
 #2456


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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October 16, 2014, 01:00:21 PM
Last edit: October 16, 2014, 02:50:57 PM by travis72682
 #2457

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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October 16, 2014, 03:13:26 PM
 #2458

Bear in mind that as soon as the big holders of the coin have staked, it becomes a lot easier for everyone else to stake successfully.
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October 16, 2014, 03:34:39 PM
 #2459

For those of you wondering approximately when growth will end:

This is a best guess estimate based on the average speed that blocks have been found over the last two days:
http://www.timeanddate.com/countdown/generic?p0=136&iso=20141018T02&year=2014&month=10&day=18&hour=2&min=0&sec=0&msg=Growth%20End&csz=1

That time may vary, give or take an hour.



As for plans, I am still working on that roadmap. I will try to have it out by tomorrow. In the meantime I did post a lot of my personal thoughts and plans in this post:

https://bitcointalk.org/index.php?topic=795954.msg9180471#msg9180471



Also, for anyone trying to comb the thread looking for an official word from me on anything please feel free to check my post history. I know what a mess it is to try and stay up to date on this thread, I just spent a considerable amount of time trying to do so, but as I am the only Dev at the moment and all of my attention of late has been focused on SeedCoin, if you're looking for any official information from the Dev (me) on SeedCoin, my post history is probably a good place to check and a far less daunting place to look.

As for pot seeds, I'm not against it but I'd say crypto has pot pretty well covered;) There's plenty of pot related coins out there, I don't think we need another one. I like the idea of seeds and growing food and plants. One of the original ideas I had was planting groves of trees.

I love the idea of
I have been in contact with someone I know here in Florida. They run a nursery and specialize in exotic plants, chemicals, botanicals, ect. They sell everything from pepper plants/seeds, to cactus, fruits, veggies, rare plants, carnivorous plants, he even sells antibiotics (for fish and animals only). He has a website and is pretty well known in my area as the Plant Man. Anyway, I was there checking some stuff out today and just for the heck of it I mentioned seedcoin. My friend is familiar with bitcoin but not so much altcoins. He said he was interested in maybe accepting seedcoin. He is supposed to check it out and get back to me. It is a very small shop and website but it could be a start for seedcoin buying goods. He did have a couple concerns but I will bring those up if the time comes.

This sounds awesome popcorn. If your friend has any questions or concerns he is more than welcome to contact me. This sounds like an amazing opportunity for SEED, and it is exactly the sort of shop I'd like to see SEED associated with:)

Thank you for contacting them!

Any word from Bittrex? Trading has been disabled, as well as deposits/withdrawals. Just curious as to what's going on with them.

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October 16, 2014, 03:53:42 PM
 #2460

They may be having sync issues like myself.. ?



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