[ANN] [MCL] MiracleCoin | No ICO | Proof of Faucet distribution | Traders Coin

[hopenotlate]

.....and  start staking for free coins 

How does this staking thing work? Do i need some special settings to do it?

You just have to open your wallet

Do I need to keep coins in it or does it work even if it is empty?

You need to have coins in it to stake

OK, thanks for the info.
Is the reward proportional to the amount of coins in the wallet?

[1715351709]

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[Rols]

.....and  start staking for free coins  

How does this staking thing work? Do i need some special settings to do it?

You just have to open your wallet

Do I need to keep coins in it or does it work even if it is empty?

You need to have coins in it to stake

OK, thanks for the info.
Is the reward proportional to the amount of coins in the wallet?

I dont know. I have looked at it and I think that if you have a small amount of coins then maybe you dont get the full staking of 5%.
I have seen that in another coin. I also had staking in 5 hours and then I had to reboot my computer and for 2 days it said staking 1 day.

[CryptoHobo]

.....and  start staking for free coins  

How does this staking thing work? Do i need some special settings to do it?

You just have to open your wallet

Do I need to keep coins in it or does it work even if it is empty?

You need to have coins in it to stake

OK, thanks for the info.
Is the reward proportional to the amount of coins in the wallet?

I dont know. I have looked at it and I think that if you have a small amount of coins then maybe you dont get the full staking of 5%.
I have seen that in another coin. I also had staking in 5 hours and then I had to reboot my computer and for 2 days it said staking 1 day.

Its proportional usually based yearly so 100 coins should get you 5 over the year it'll be more due to minting the interest Bear in mind low amounts may never get enough weight to stake

[mellorbo]

.....and  start staking for free coins 

How does this staking thing work? Do i need some special settings to do it?

You just have to open your wallet

Do I need to keep coins in it or does it work even if it is empty?

You need to have coins in it to stake

OK, thanks for the info.
Is the reward proportional to the amount of coins in the wallet?

just as a fyi if you dont know. you need to encrypt your wallet with a passphrase and unlock it to stake i believe.

[CryptoHobo]

.....and  start staking for free coins 

How does this staking thing work? Do i need some special settings to do it?

You just have to open your wallet

Do I need to keep coins in it or does it work even if it is empty?

You need to have coins in it to stake

OK, thanks for the info.
Is the reward proportional to the amount of coins in the wallet?

just as a fyi if you dont know. you need to encrypt your wallet with a passphrase and unlock it to stake i believe.

You don't it's just a good idea. Security and it stops the wallet trying to stake during sync

[gullu]

.....and  start staking for free coins 

How does this staking thing work? Do i need some special settings to do it?

You just have to open your wallet

Do I need to keep coins in it or does it work even if it is empty?

You need to have coins in it to stake

OK, thanks for the info.
Is the reward proportional to the amount of coins in the wallet?

just as a fyi if you dont know. you need to encrypt your wallet with a passphrase and unlock it to stake i believe.

it is a good practice to encrypt the wallet but for staking, it is not necessary to encrypt and then unlock.
you can simply not encrypt and keep it open for staking.

[hopenotlate]

.....and  start staking for free coins  

How does this staking thing work? Do i need some special settings to do it?

You just have to open your wallet

Do I need to keep coins in it or does it work even if it is empty?

You need to have coins in it to stake

OK, thanks for the info.
Is the reward proportional to the amount of coins in the wallet?

I dont know. I have looked at it and I think that if you have a small amount of coins then maybe you dont get the full staking of 5%.
I have seen that in another coin. I also had staking in 5 hours and then I had to reboot my computer and for 2 days it said staking 1 day.

Its proportional usually based yearly so 100 coins should get you 5 over the year it'll be more due to minting the interest Bear in mind low amounts may never get enough weight to stake

Just to have a better idea of what we are talking about: what is "low amount" in number of coins : 10 or 100 or 1000 ?

[dodouuu]

Didn't know there would be such a distribution model.It seems missed opportunities for free.Now the price is very low.But a lot of comments, really difficult to judge whether worth the investment.

[Rols]

.....and  start staking for free coins  

How does this staking thing work? Do i need some special settings to do it?

You just have to open your wallet

Do I need to keep coins in it or does it work even if it is empty?

You need to have coins in it to stake.

OK, thanks for the info.
Is the reward proportional to the amount of coins in the wallet?

just as a fyi if you dont know. you need to encrypt your wallet with a passphrase and unlock it to stake i believe.

it is a good practice to encrypt the wallet but for staking, it is not necessary to encrypt and then unlock.
you can simply not encrypt and keep it open for staking.

You can do that in other coins , so why not in this one? Encryption just put a layer of security.

[Rols]

.....and  start staking for free coins  

How does this staking thing work? Do i need some special settings to do it?

You just have to open your wallet

Do I need to keep coins in it or does it work even if it is empty?

You need to have coins in it to stake

OK, thanks for the info.
Is the reward proportional to the amount of coins in the wallet?

I dont know. I have looked at it and I think that if you have a small amount of coins then maybe you dont get the full staking of 5%.
I have seen that in another coin. I also had staking in 5 hours and then I had to reboot my computer and for 2 days it said staking 1 day.

Its proportional usually based yearly so 100 coins should get you 5 over the year it'll be more due to minting the interest Bear in mind low amounts may never get enough weight to stake

Just to have a better idea of what we are talking about: what is "low amount" in number of coins : 10 or 100 or 1000 ?

You have to test because it depends on the network. Nobody can tell.

[Rols]

Didn't know there would be such a distribution model.It seems missed opportunities for free.Now the price is very low.But a lot of comments, really difficult to judge whether worth the investment.

You missed the free coins. If you going to invest or not, that is only you that can decide that.

Dev is working alone and only in the weekends. There were a lot of problems with the faucet but he managed to fix it.
So you have to decide how good this bots are going to be. I dont trade much and I know that bots dont work good in some cases.
When the market goes up or are stabil then bots work good. If the market goes down then you can loose a lot.
I got some free coins and Im going to buy a little more and test his bots when they are ready.

[wtman]

Gnosis and Quatloo didnt do too well, and they have working bots. MCL has nothing so far. I think its really overpriced right now.

[chilly2k]

Didn't know there would be such a distribution model.It seems missed opportunities for free.Now the price is very low.But a lot of comments, really difficult to judge whether worth the investment.

You missed the free coins. If you going to invest or not, that is only you that can decide that.

Dev is working alone and only in the weekends. There were a lot of problems with the faucet but he managed to fix it.
So you have to decide how good this bots are going to be. I dont trade much and I know that bots dont work good in some cases.
When the market goes up or are stabil then bots work good. If the market goes down then you can loose a lot.
I got some free coins and Im going to buy a little more and test his bots when they are ready.

   Along with fixing the faucet, the wallet has the notification and calculation feature already.  I'm not sure if those are available anywhere else.  It also means he knows how to interface with the exchanges, so adding in the bot's should not be that difficult for him.  Just a lot of testing...     And once he gets the scaffolding in place and can open up the bot trading platform to other developers, it could very well be to the moon... 

[Bansheroom]

For all users who have problems with staking, here is how to check and probably solve:

Wallet locked:

 --> Klick unlock, check "for staking only", enter your password and press enter.
 --> Symbol turns Red and mouseover gives you a staking time (not accurate, maybe half or double time, even more)



If you wait forever, wallet open and unlocked but no staking happens, have a look at your coins, the fragmentation and the coin age.
Either many your coins are too young to stake (not mature), or maybe coin weight is too widely distributed.



Select coins with low amount as input:

[Bansheroom]

Gnosis and Quatloo didnt do too well, and they have working bots. MCL has nothing so far. I think its really overpriced right now.

Gnosis was a scam with an effective 7% premine.
Quatloo is PoW, not PoS and its doing not soo bad, last update was just some days ago.

MCL is overpriced? 1 Million coins total at 4k satoshi......

Look at the price of Quatlo, you said it isnt doing good, oh, its over 4k satoshi and qtl has 100 Million max coins.
So you proved yourself wrong, either qtl is doing good or MCL is way undervalued 

[Rols]

Gnosis and Quatloo didnt do too well, and they have working bots. MCL has nothing so far. I think its really overpriced right now.

This coins real value is 0. But like the real stockmarket people value future things. So it is priced like there is a bot ready  He also give out the coins for free. There were not any premine. This coin is cheap to hold and stake. Gnosis and Quatloo have a lot more coins than MCL. So you can think that its overpriced but other people thinks it should have a greater value.

Time will tell. Never play with money you cant afford to loose.

[CryptoHobo]

Gnosis and Quatloo didnt do too well, and they have working bots. MCL has nothing so far. I think its really overpriced right now.

This coins real value is 0. But like the real stockmarket people value future things. So it is priced like there is a bot ready  He also give out the coins for free. There were not any premine. This coin is cheap to hold and stake. Gnosis and Quatloo have a lot more coins than MCL. So you can think that its overpriced but other people thinks it should have a greater value.

Time will tell. Never play with money you cant afford to loose.

i hope people took special note of that, it's damn good advice that should be common sense which most of humanity unfortunately lacks

[Bansheroom]

Just realized we have 3GB+ chain already...has anyone an idea why the miracleblockchain is so large compared to other alts?

[Jookly]

Just realized we have 3GB+ chain already...has anyone an idea why the miracleblockchain is so large compared to other alts?

Probably because during distribution there were thousands of transactions every hour.  That adds up to be a lot more transactions than your average altcoin sees I would guess.

[wtman]

Gnosis and Quatloo didnt do too well, and they have working bots. MCL has nothing so far. I think its really overpriced right now.

Gnosis was a scam with an effective 7% premine.
Quatloo is PoW, not PoS and its doing not soo bad, last update was just some days ago.

MCL is overpriced? 1 Million coins total at 4k satoshi......

Look at the price of Quatlo, you said it isnt doing good, oh, its over 4k satoshi and qtl has 100 Million max coins.
So you proved yourself wrong, either qtl is doing good or MCL is way undervalued 

Marketcaps:

Quatloo    $ 34,912
Gnosis    $ 7,533
MiracleCoin    $ 13,122

MCL has no bot. It got pumped until it got dumped, now its headed for a crash.