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popcorn75
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October 10, 2014, 01:54:15 PM |
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Guys it really is not that complicated.
Step1. Put coins in wallet and unlock wallet
Step 2. Wait 24 hours for your coins to start staking(This does NOT mean u will stake some coins in 24 hours, it more than likely will take longer)
Step 3.Earn coins from staking the coins in your wallet
Now there are ways to maximize the amount of coins you will receive, but that is up to you. I simply started staking about 10 hours ago. I figured by the time we hit growth period I will need maybe a couple more hours of staking before I am ready for some coins.
How do you "unlock" a wallet ? If you ask this question, it means you didn't lock it  You should always encrypt your wallet, which mean you need to use the passphrase to both unlock it and send coins. Once it is encrypted, you need to "unlock" the wallet for staking. It leaves your wallet encrypted, but allowed it to stake on the network. Make sure you keep the passphrase, without it, your coins are basically lost. Thanks for the info, *** to other bullshit comments  1BTC on the way... Sorry, I saw your member rating and figured you was joking, since u was serious I will give u a 50% discount. so send me .5 btc and I will send u ur key... |
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sony87
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October 10, 2014, 01:55:34 PM |
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Guys it really is not that complicated.
Step1. Put coins in wallet and unlock wallet
Step 2. Wait 24 hours for your coins to start staking(This does NOT mean u will stake some coins in 24 hours, it more than likely will take longer)
Step 3.Earn coins from staking the coins in your wallet
Now there are ways to maximize the amount of coins you will receive, but that is up to you. I simply started staking about 10 hours ago. I figured by the time we hit growth period I will need maybe a couple more hours of staking before I am ready for some coins.
How do you "unlock" a wallet ? If you ask this question, it means you didn't lock it You should always encrypt your wallet, which mean you need to use the passphrase to both unlock it and send coins. Once it is encrypted, you need to "unlock" the wallet for staking. It leaves your wallet encrypted, but allowed it to stake on the network. Make sure you keep the passphrase, without it, your coins are basically lost. Thanks for the info, *** to other bullshit comments 1BTC on the way... Sorry, I saw your member rating and figured you was joking, since u was serious I will give u a 50% discount. so send me .5 btc and I will send u ur key... answer is simple - i don't encrypt the wallets and i don't hold POS coins.... shame on me for both... |
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travis72682
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October 10, 2014, 01:56:26 PM |
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There have been many opportunities to both buy low, 0.07/coin and sell high, anywhere from 0.15 and above. The information about age stacking came out in plenty of time for those who wanted to get out to do so.
The problem is that since you released the info so late. If I decided to sell, moved my coins to bittrex and sold, by the time I sold them all I would have CRASHED the market. (there has been almost NO buy support the last day). Every once in a while a decent buy wall has popped up, but by the time you move the seed to bittrex someone else would have taken your sell. Then you are REALLY fucked as you just moved your coins and they wont be mature in time for growth... So no, there wasnt "plenty of time" unless you wanted to take a HUGE chance. |
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popcorn75
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October 10, 2014, 01:59:03 PM |
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Guys it really is not that complicated.
Step1. Put coins in wallet and unlock wallet
Step 2. Wait 24 hours for your coins to start staking(This does NOT mean u will stake some coins in 24 hours, it more than likely will take longer)
Step 3.Earn coins from staking the coins in your wallet
Now there are ways to maximize the amount of coins you will receive, but that is up to you. I simply started staking about 10 hours ago. I figured by the time we hit growth period I will need maybe a couple more hours of staking before I am ready for some coins.
How do you "unlock" a wallet ? If you ask this question, it means you didn't lock it You should always encrypt your wallet, which mean you need to use the passphrase to both unlock it and send coins. Once it is encrypted, you need to "unlock" the wallet for staking. It leaves your wallet encrypted, but allowed it to stake on the network. Make sure you keep the passphrase, without it, your coins are basically lost. Thanks for the info, *** to other bullshit comments 1BTC on the way... Sorry, I saw your member rating and figured you was joking, since u was serious I will give u a 50% discount. so send me .5 btc and I will send u ur key... answer is simple - i don't encrypt the wallets and i don't hold POS coins.... shame on me for both... Well, seriously did you get it figured out, cause we are real close. You have to encrypt your wallet before you can unlock it. Once u are done go to the icons on the bottom right of your wallet. one will have a lock. when u put you mouse over that icon it should say unlocked. |
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coinking
Legendary
 Offline
Activity: 927
Merit: 1000
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October 10, 2014, 02:00:15 PM |
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I don't get the strategic approach - should I lock my wallet now, before growth or is it too late? I sent most of my coins over to my wallet within a 12 hour period and they have been staking for a few days.. maybe I missed my opportunity but is it worth locking and unlocking now? We're only 50 blocks away
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popcorn75
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October 10, 2014, 02:01:27 PM |
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There have been many opportunities to both buy low, 0.07/coin and sell high, anywhere from 0.15 and above. The information about age stacking came out in plenty of time for those who wanted to get out to do so.
The problem is that since you released the info so late. If I decided to sell, moved my coins to bittrex and sold, by the time I sold them all I would have CRASHED the market. (there has been almost NO buy support the last day). Every once in a while a decent buy wall has popped up, but by the time you move the seed to bittrex someone else would have taken your sell. Then you are REALLY fucked as you just moved your coins and they wont be mature in time for growth... So no, there wasnt "plenty of time" unless you wanted to take a HUGE chance. Why would you move the coins anyways? Most people that bought hopefully are going to hold. you seem to just want to dump as soon as the price is right. I think the best thing to do right now is just leave your coins alone in the wallet staking. |
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popcorn75
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October 10, 2014, 02:04:05 PM |
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I don't get the strategic approach - should I lock my wallet now, before growth or is it too late? I sent most of my coins over to my wallet within a 12 hour period and they have been staking for a few days.. maybe I missed my opportunity but is it worth locking and unlocking now? We're only 50 blocks away
I cant answer that, what I can say is it will take 24 hours to start staking again. I think the growth period is going to be like 6 or seven days. You can stake coins for seven days. I started staking yesterday. and more about 30 minutes ago |
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travis72682
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October 10, 2014, 02:05:50 PM |
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There have been many opportunities to both buy low, 0.07/coin and sell high, anywhere from 0.15 and above. The information about age stacking came out in plenty of time for those who wanted to get out to do so.
The problem is that since you released the info so late. If I decided to sell, moved my coins to bittrex and sold, by the time I sold them all I would have CRASHED the market. (there has been almost NO buy support the last day). Every once in a while a decent buy wall has popped up, but by the time you move the seed to bittrex someone else would have taken your sell. Then you are REALLY fucked as you just moved your coins and they wont be mature in time for growth... So no, there wasnt "plenty of time" unless you wanted to take a HUGE chance. Why would you move the coins anyways? Most people that bought hopefully are going to hold. you seem to just want to dump as soon as the price is right. I think the best thing to do right now is just leave your coins alone in the wallet staking. I would move the coins because I recently found out a small amount of people is going to hold a HUGE % of the total coins...You arent so bright are you? I was planning on holding long term, after this bullshit... yes just give me the opportunity to exit with my pants and Im gone. Im sure im not the only one. . . |
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ButcherBill
Newbie
Offline
Activity: 16
Merit: 0
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October 10, 2014, 02:06:09 PM |
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There have been many opportunities to both buy low, 0.07/coin and sell high, anywhere from 0.15 and above. The information about age stacking came out in plenty of time for those who wanted to get out to do so.
The problem is that since you released the info so late. If I decided to sell, moved my coins to bittrex and sold, by the time I sold them all I would have CRASHED the market. (there has been almost NO buy support the last day). Every once in a while a decent buy wall has popped up, but by the time you move the seed to bittrex someone else would have taken your sell. Then you are REALLY fucked as you just moved your coins and they wont be mature in time for growth... So no, there wasnt "plenty of time" unless you wanted to take a HUGE chance. And those who moved took that chance right? |
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Devasive
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October 10, 2014, 02:06:45 PM |
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I don't get the strategic approach - should I lock my wallet now, before growth or is it too late? I sent most of my coins over to my wallet within a 12 hour period and they have been staking for a few days.. maybe I missed my opportunity but is it worth locking and unlocking now? We're only 50 blocks away
I cant answer that, what I can say is it will take 24 hours to start staking again. I think the growth period is going to be like 6 or seven days. You can stake coins for seven days. I started staking yesterday. and more about 30 minutes ago Locking and then unlocking your wallet shouldn't reset your coins' maturity, so he shouldn't have to wait 24 hours for his coins to begin staking again. If they were mature before he locked the wallet then they should resume staking immediately. |
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travis72682
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October 10, 2014, 02:06:52 PM |
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I don't get the strategic approach - should I lock my wallet now, before growth or is it too late? I sent most of my coins over to my wallet within a 12 hour period and they have been staking for a few days.. maybe I missed my opportunity but is it worth locking and unlocking now? We're only 50 blocks away
I CAN answer that, you are too late dont move your coins. If you want to lock your wallet you can, but you wont get much weight in 30 minutes... |
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bitkokos
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October 10, 2014, 02:11:21 PM |
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how many confirmations needed for coins to mature in wallet?
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O_o
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candlesticks
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October 10, 2014, 02:11:41 PM
Last edit: October 10, 2014, 02:56:00 PM by candlesticks |
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So any chance you know what the squares do over the ticks candlesticks?
Beef
Unless you send coins, nothing happens, even if the squares are "ticked" or not. If you want to consolidate your blocks, or send the least mature coins, you would do this. Go to setting/options/display and check "display coin control features", then close that window Click send coins, click the "Inputs" tab, check "list mode". This will show you all the blocks,size, and their age. The oldest ones are the ones with the most confirmations. Mark whichever blocks you want to send,move or consolidate, then click "OK" to close that window. You will be back at the "send coins" tab, and the coins you send will be those that were previously selected. In the upper portion of the wallet, it will show "Amount after fee". You can copy this, and paste it to send. You can send them all to yourself, or wherever you want, and they will end up as one large block, rather than a bunch of tiny blocks. Keep in mind, after sending they will need 24 hours to mature again. You also have to pay the transaction fee of 0.00001. Let me know if I missed something, or if anything is unclear. |
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travis72682
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October 10, 2014, 02:12:33 PM |
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how many confirmations needed for coins to mature in wallet?
I believe it is a set 24 hours. . . |
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bitkokos
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October 10, 2014, 02:15:59 PM |
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how many confirmations needed for coins to mature in wallet?
I believe it is a set 24 hours. . . thanx |
O_o
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coinking
Legendary
Offline
Activity: 927
Merit: 1000
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October 10, 2014, 02:17:12 PM |
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I don't get the strategic approach - should I lock my wallet now, before growth or is it too late? I sent most of my coins over to my wallet within a 12 hour period and they have been staking for a few days.. maybe I missed my opportunity but is it worth locking and unlocking now? We're only 50 blocks away
I CAN answer that, you are too late dont move your coins. If you want to lock your wallet you can, but you wont get much weight in 30 minutes... I don't get the strategic approach - should I lock my wallet now, before growth or is it too late? I sent most of my coins over to my wallet within a 12 hour period and they have been staking for a few days.. maybe I missed my opportunity but is it worth locking and unlocking now? We're only 50 blocks away
I cant answer that, what I can say is it will take 24 hours to start staking again. I think the growth period is going to be like 6 or seven days. You can stake coins for seven days. I started staking yesterday. and more about 30 minutes ago Locking and then unlocking your wallet shouldn't reset your coins' maturity, so he shouldn't have to wait 24 hours for his coins to begin staking again. If they were mature before he locked the wallet then they should resume staking immediately. I don't get the strategic approach - should I lock my wallet now, before growth or is it too late? I sent most of my coins over to my wallet within a 12 hour period and they have been staking for a few days.. maybe I missed my opportunity but is it worth locking and unlocking now? We're only 50 blocks away
I cant answer that, what I can say is it will take 24 hours to start staking again. I think the growth period is going to be like 6 or seven days. You can stake coins for seven days. I started staking yesterday. and more about 30 minutes ago Thanks for the prompt replies.. I believe I will just keep them in my wallet and not f with them.. although I feel I could have benefited more if I actually understood more about POS. I didn't realize there was strategies to getting the most out of ones holdings |
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travis72682
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October 10, 2014, 02:22:14 PM |
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Thanks for the prompt replies.. I believe I will just keep them in my wallet and not f with them.. although I feel I could have benefited more if I actually understood more about POS. I didn't realize there was strategies to getting the most out of ones holdings
Yeah being a newb pretty much means you get f%#ck3d, unless you happen to see the devs post where he hinted at it on the 8th. (which I didnt) I have a feeling more would/will be upset once they realize the extent this is going to suck.(I hope im wrong).. Almost there, Ill quote the dev.. Let the " bloodbath " begin . . |
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vegasguy
Legendary
Offline
Activity: 1610
Merit: 1003
"Yobit pump alert software" Link in my signature!
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October 10, 2014, 02:25:07 PM |
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Just a few minutes more.. my estimates are about 90% very angry dissapointed people (Those that didnt take the time to read or research how pos works), and a few toasting to the new seedcoin atop a big penthouse.
Vegas
WOOOOOOOOOOOOO!!!! GROWTH STAGE!!! LET THE "FUN" Begin.
Has anyone mentioned that these little transaction are so small they will crash into each other... "mined but not accepted"? Too late for that now..oops
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I want to make sure everyone knows that I just released my software called "Yobit pump alert". THis is custom software that uses an algo to detect the start of a pump here on yobit, the second it starts. YOu can even filter the coins you see by price. Most pumps start less than 100 sats , so you can easily filter the cheap coins, so they are the only ones displayed https://bitcointalk.org/index.php?topic=1945937.msg20241953#msg20241953 |
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bitkokos
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October 10, 2014, 02:25:23 PM |
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1 block left  |
O_o
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Devasive
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October 10, 2014, 02:25:38 PM |
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And so it begins...
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