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CryptoTrout
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October 09, 2014, 10:38:47 PM |
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Just curious, who do you guys think will buy this coin after the growth period? Everyone will have tons of newly minted coins to sell but what reason would people have to buy once growth is over? I worried this will be a dump festival.
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bungrudi
Newbie
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Activity: 18
Merit: 0
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October 09, 2014, 10:42:01 PM |
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how many days of staking period have this already been?
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klopper
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October 09, 2014, 10:44:36 PM |
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Just curious, who do you guys think will buy this coin after the growth period? Everyone will have tons of newly minted coins to sell but what reason would people have to buy once growth is over? I worried this will be a dump festival.
You should read the thread, you obviously missed something. |
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barabbas
Legendary
Offline
Activity: 1162
Merit: 1000
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October 09, 2014, 10:45:22 PM |
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Just curious, who do you guys think will buy this coin after the growth period? Everyone will have tons of newly minted coins to sell but what reason would people have to buy once growth is over? I worried this will be a dump festival.
FUD, FUD, FUUUUD.... Havent you heard yet? This coin is the only hope the world has to survive... and I will be eating my words when the market cap reaches 10 million BTC... which is sure to happen within a week or two... Amazing, really really amazing. |
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popcorn75
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October 09, 2014, 10:51:46 PM |
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Does anyone know what the average amount of blocks found a day?
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wiser
Legendary
Offline
Activity: 1806
Merit: 1029
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October 09, 2014, 10:59:37 PM |
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Just click anywhere on the wallet and that should turn it into the active window. Then you can see your weight, etc. Ignore the Fud and can you help with my Noob questions please
So will the wallet turn pink once coins are staking? i have coins in the wallet that are about 12 hours old and the wallet edge is grey and i cant roll over to get the weight? is that normal?
Also in the send coins input tab do the coins have to be ticked to stake? what does ticking them do?
Thanks for the help in advanced
Beef
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CryptoTrout
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October 09, 2014, 11:08:13 PM |
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Just curious, who do you guys think will buy this coin after the growth period? Everyone will have tons of newly minted coins to sell but what reason would people have to buy once growth is over? I worried this will be a dump festival.
You should read the thread, you obviously missed something. Sure let me just read 55 pages instead of asking a simple question. Thanks for the insight, you should post more often. |
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klopper
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October 09, 2014, 11:11:44 PM |
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Just curious, who do you guys think will buy this coin after the growth period? Everyone will have tons of newly minted coins to sell but what reason would people have to buy once growth is over? I worried this will be a dump festival.
You should read the thread, you obviously missed something. Sure let me just read 55 pages instead of asking a simple question. Thanks for the insight, you should post more often. You don't have to read the 55 pages... click on devs name -> show last posts from dev. read those. |
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wiser
Legendary
Offline
Activity: 1806
Merit: 1029
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October 09, 2014, 11:12:54 PM |
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Just curious, who do you guys think will buy this coin after the growth period? Everyone will have tons of newly minted coins to sell but what reason would people have to buy once growth is over? I worried this will be a dump festival.
You should read the thread, you obviously missed something. Sure let me just read 55 pages instead of asking a simple question. Thanks for the insight, you should post more often. Try reading Cryptzo's posts--you can find them from his profile page. Since he's the main dev, most of the pertinent info you are looking for can be found in his posts. |
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klopper
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October 09, 2014, 11:13:22 PM |
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It's the epic dumping at the end of the growth period that worries me. I think one way to mitigate that would be for the dev team to post some detailed plans for the coin about midway through the growth phase, especially if everything is working well on the technical side. I don't plan to dump, but I will be taking some profits just to at least get my investment back. It would be very helpful to have some good compelling reasons clearly spelled out for holding beyond the growth period. If the dev team needs something written, that's my shtick--feel free to PM me  The network is stable now and I can't see any issues with the current codebase moving forward. I do need to do some tidying and bugfixing on the ui side of things, but those updates will be optional and clearly stated as such. So I'm going to take the time I have now to start working on a tentative road map and start working on future releases. I want everyone here to understand that I want the community to be involved with the future of this coin. I know what direction I'm planning on taking the coin, but I'm not so headstrong that I'm not willing to take thoughts and ideas on board. I'm a huge advocate of decentralization, even from a development standpoint, and while I will continue to work and provide direction for the coin, I encourage everyone that would like to make a positive contribution to please do so. I've really tried to create a situation where it's the strong hands that value this project that hold a majority of the coins. It's an ambitious experiment, and I do hope it plays out as well as I have imagined. But ultimately I accept that everyone expects me to be responsible for bringing value to the SeedCoins that they're holding, and I understand and respect that. You've invested time and money into my work, and even if I have only seen a small portion of it directly through the ICO - that was due to my own ambitious expectations and judgment. So it's on me to deliver and work hard to bring value to the coin for everyone. But I ask each of you to consider taking it upon yourselves to help bring value to the coin as well in whatever way you are best suited. I will do everything I can on my own, but we will have the most success if we all work together and grow something special from SeedCoin. And so far, I couldn't be more proud or thankful for the community that has been sown here. I think together we can grow seed into something great and valuable. Thank you everyone that has supported the thread and been answering questions while I've been getting some much needed rest. I feel awful about the issues that plagued us over the last few days and I am terribly sorry about the losses of time and money that have occurred over the last day. All I can say is that I understand your frustration, I'm doing the best I can, and thank you for your patience and support despite the growing pains we all just had to endure. I wont forget it. Thank you, everyone. I hope everyone is ready for the rollercoaster ride that awaits us in just a few days. I have no idea what's going to happen, it's all a grand experiment, but it's sure to be interesting. While it's all happening, I encourage everyone to remember that every difficulty that you will encounter, everyone else will be encounter as well. There's a lot of strategies one can use to maximize your portion of seedcoins compared to everyone else's, and I encourage you to do your research on how the staking process works and really take the time to think about how to maximize your chances of success. Staking in SeedCoin, from a practical standpoint, is no different from any other coin, and growth is ultimately just a very accelerated staking process. If you have any questions that you'd like answered and kept private, please feel free to PM me in confidence. I wont share your thoughts with anyone else, and I will answer every question as honestly as I possibly can. So with all that said, lets grow some seeds:D tl;dr I will bring value to SeedCoin. I encourage anyone that wants to to help. Thank you everyone for everything. And you might want to consider reading this particular long block of text:) BUMPING THIS |
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barabbas
Legendary
Offline
Activity: 1162
Merit: 1000
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October 09, 2014, 11:19:06 PM |
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Just curious, who do you guys think will buy this coin after the growth period? Everyone will have tons of newly minted coins to sell but what reason would people have to buy once growth is over? I worried this will be a dump festival.
You should read the thread, you obviously missed something. Sure let me just read 55 pages instead of asking a simple question. Thanks for the insight, you should post more often. Try reading Cryptzo's posts--you can find them from his profile page. Since he's the main dev, most of the pertinent info you are looking for can be found in his posts. Yep. You will find particularly enticing the fact that he doesnt believe in devs not being paid -as in a salary or some dependable source of income-. Since he made all of 6 btc from the amazingly successful ICO, you do the math... |
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wiser
Legendary
Offline
Activity: 1806
Merit: 1029
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October 09, 2014, 11:40:09 PM
Last edit: October 10, 2014, 12:10:35 AM by wiser |
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I have a noob question: how long do recently staked coins stay in the "staked:" part and are not spendable or count towards the total balance? I've noticed they hang out there for a while but never actually counted blocks or anything.
EDIT: 120 blocks, right?
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krpz
Newbie
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Activity: 31
Merit: 0
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October 10, 2014, 12:40:55 AM |
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why I have generated but not accepted coins from POS?
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GoldMin.es
Newbie
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Activity: 56
Merit: 0
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October 10, 2014, 02:05:26 AM |
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why I have generated but not accepted coins from POS?
takes 24 hours for coins generated to start to stake. |
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adjiadjo
Legendary
Offline
Activity: 1218
Merit: 1038
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October 10, 2014, 02:47:56 AM |
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1050 blocks to go , my wallet are locked and loaded since 2 days ago , all my chunk are mature enough now  ready to unlock it at 10101  |
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popcorn75
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October 10, 2014, 02:52:26 AM |
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If you want Seed, Now is the time to get them..... Growth period starts soon!!!
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travis72682
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October 10, 2014, 02:58:41 AM |
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1050 blocks to go , my wallet are locked and loaded since 2 days ago , all my chunk are mature enough now ready to unlock it at 10101 I hope either a whole lot, or very few did this.... Im afraid a half dozen people are going to end up with half the coins which wont end well... |
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popcorn75
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October 10, 2014, 03:06:46 AM |
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ya, 2 days of staking already means your gonna miss out on some coinage...
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travis72682
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October 10, 2014, 03:29:02 AM |
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ya, 2 days of staking already means your gonna miss out on some coinage...
No, two days of staking means he will be credited twice the first "day" or some shit. read back a page.. The next few days may probably will turn really ugly. |
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candlesticks
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October 10, 2014, 03:36:16 AM |
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Ignore the Fud and can you help with my Noob questions please
So will the wallet turn pink once coins are staking? i have coins in the wallet that are about 12 hours old and the wallet edge is grey and i cant roll over to get the weight? is that normal?
Also in the send coins input tab do the coins have to be ticked to stake? what does ticking them do?
Thanks for the help in advanced
Beef
Your wallet will stake, without you changing anything. If you "tick" the blocks in the coin control, then you can send them as separate blocks. You would do this if you had a bunch of tiny blocks (0.0001), and you wanted to combine them to stake with more weight. You would send them to your own address. This also allows you to send the coins to an exchange that are less "mature", so you can preserve your oldest coins for staking. |
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