billotronic
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 Offline
Activity: 1610
Merit: 1000
Crackpot Idealist
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March 05, 2015, 01:48:34 AM |
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if the amount of XQN is going up then the value is just going to decrease over time. Therefore owning this coin is pointless.
this would be true in normal supply and demand, but the underlying utility/speculation is what is driving price |
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Jwtech
Member
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Activity: 95
Merit: 10
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March 05, 2015, 01:58:01 AM |
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if the amount of XQN is going up then the value is just going to decrease over time. Therefore owning this coin is pointless.
You just described fiat currency |
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elgimpo
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March 05, 2015, 03:53:47 AM |
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Quick noob XQN question...
I have around 10k trying to stake for about 5 hours now. My weight is currently at 3269. I have not split my block at all but I have checked the auto optimize button under the stake explorer.
That nasty green button suggests I am still 5 days away from a stake and my coins are about 24 hours old.
so..
Do I need to split my blocks manually or does the auto optimize do this for me and am I really looking at 5 days til I stake?
Will my 10k block pay the max reward and then I will need to start again. I am trying to get my head around how the auto optimize works.
Cheers.
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myagui
Legendary
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Activity: 1154
Merit: 1001
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March 05, 2015, 10:23:16 AM |
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@elgimpo:
The auto optimize will only split your block at the time that it stakes, and will attempt to split/combine your outputs to match the target size (usually 618 if you've left it at default). With a single 10K block size, your stake reward will be 16.18 XQN. If you had instead 2x 5K blocks, your potential reward would be 2x 16.18. So you see, with a single, massive block, you might stake faster, but you're earning a lot less. You are also more affected by luck/variance, since you have a single block, versus many blocks.
My recommendation: take the plunge and split your 10K block into a few with smaller sizes: 10x 1K would be ok, or even 5x 2K if you want to go "large". Doing this now will drop your accumulated coin age, but it is still the best move. From then onwards, the auto optimizer will keep your blocks at ~ ideal sizes. Most likely you'll be waiting a good few days to earn a stake.
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vince232
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March 05, 2015, 10:35:28 AM |
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if the amount of XQN is going up then the value is just going to decrease over time. Therefore owning this coin is pointless.
this would be true in normal supply and demand, but the underlying utility/speculation is what is driving price what is the underlying utility? |
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elgimpo
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March 05, 2015, 10:53:29 AM |
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@elgimpo:
The auto optimize will only split your block at the time that it stakes, and will attempt to split/combine your outputs to match the target size (usually 618 if you've left it at default). With a single 10K block size, your stake reward will be 16.18 XQN. If you had instead 2x 5K blocks, your potential reward would be 2x 16.18. So you see, with a single, massive block, you might stake faster, but you're earning a lot less. You are also more affected by luck/variance, since you have a single block, versus many blocks.
My recommendation: take the plunge and split your 10K block into a few with smaller sizes: 10x 1K would be ok, or even 5x 2K if you want to go "large". Doing this now will drop your accumulated coin age, but it is still the best move. From then onwards, the auto optimizer will keep your blocks at ~ ideal sizes. Most likely you'll be waiting a good few days to earn a stake.
Thanks for the info mate, appreciate it. |
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skidog
Legendary
Offline
Activity: 1393
Merit: 1001
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March 06, 2015, 04:32:29 PM |
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What does the recompute button do? I put my coins on auto optimize and preferred block size 618 and sent coins to my wallet in 2000 increments to different address in the wallet. Do i need to do anything else or does this sound right? Thanks in advance.
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myagui
Legendary
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Activity: 1154
Merit: 1001
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March 06, 2015, 04:55:06 PM |
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What does the recompute button do? I put my coins on auto optimize and preferred block size 618 and sent coins to my wallet in 2000 increments to different address in the wallet. Do i need to do anything else or does this sound right? Thanks in advance.
The recompute button is used to forcibly refresh the graphical view whenever you adjust the range of blocks to display. This is just a cosmetic feature, has no correlation at all to staking performance or parameters. The way that you have split your coins seems overly complicated (you could be using a single address), but should result in good performance. If I understood correctly, your starting point is with blocks of 2000 coins each, auto optimization is enabled and set to 618. Looks good. Happy Staking! |
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skidog
Legendary
Offline
Activity: 1393
Merit: 1001
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March 06, 2015, 05:07:37 PM |
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What does the recompute button do? I put my coins on auto optimize and preferred block size 618 and sent coins to my wallet in 2000 increments to different address in the wallet. Do i need to do anything else or does this sound right? Thanks in advance.
The recompute button is used to forcibly refresh the graphical view whenever you adjust the range of blocks to display. This is just a cosmetic feature, has no correlation at all to staking performance or parameters. The way that you have split your coins seems overly complicated (you could be using a single address), but should result in good performance. If I understood correctly, your starting point is with blocks of 2000 coins each, auto optimization is enabled and set to 618. Looks good. Happy Staking! It took some time sending all those coins at 2k each....I have like 50 addresses...How do you break up the blocks in one address. |
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vince232
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March 06, 2015, 05:10:08 PM |
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What does the recompute button do? I put my coins on auto optimize and preferred block size 618 and sent coins to my wallet in 2000 increments to different address in the wallet. Do i need to do anything else or does this sound right? Thanks in advance.
The recompute button is used to forcibly refresh the graphical view whenever you adjust the range of blocks to display. This is just a cosmetic feature, has no correlation at all to staking performance or parameters. The way that you have split your coins seems overly complicated (you could be using a single address), but should result in good performance. If I understood correctly, your starting point is with blocks of 2000 coins each, auto optimization is enabled and set to 618. Looks good. Happy Staking! It took some time sending all those coins at 2k each....I have like 50 addresses...How do you break up the blocks in one address. settings - options- display then display coin control. if you decide do this remember that coin age will reset and you need to wait again for maturity |
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skidog
Legendary
Offline
Activity: 1393
Merit: 1001
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March 07, 2015, 12:07:00 AM |
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What does the recompute button do? I put my coins on auto optimize and preferred block size 618 and sent coins to my wallet in 2000 increments to different address in the wallet. Do i need to do anything else or does this sound right? Thanks in advance.
The recompute button is used to forcibly refresh the graphical view whenever you adjust the range of blocks to display. This is just a cosmetic feature, has no correlation at all to staking performance or parameters. The way that you have split your coins seems overly complicated (you could be using a single address), but should result in good performance. If I understood correctly, your starting point is with blocks of 2000 coins each, auto optimization is enabled and set to 618. Looks good. Happy Staking! It took some time sending all those coins at 2k each....I have like 50 addresses...How do you break up the blocks in one address. settings - options- display then display coin control. if you decide do this remember that coin age will reset and you need to wait again for maturity Cool thanks....I knew there must be an easier way. |
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rakesh1_90
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March 08, 2015, 07:38:10 AM |
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Bought some more cheap xqns. Now we need a good update.
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HunterS
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March 08, 2015, 08:34:09 AM |
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What does the recompute button do? I put my coins on auto optimize and preferred block size 618 and sent coins to my wallet in 2000 increments to different address in the wallet. Do i need to do anything else or does this sound right? Thanks in advance.
The recompute button is used to forcibly refresh the graphical view whenever you adjust the range of blocks to display. This is just a cosmetic feature, has no correlation at all to staking performance or parameters. The way that you have split your coins seems overly complicated (you could be using a single address), but should result in good performance. If I understood correctly, your starting point is with blocks of 2000 coins each, auto optimization is enabled and set to 618. Looks good. Happy Staking! It took some time sending all those coins at 2k each....I have like 50 addresses...How do you break up the blocks in one address. why do u need 50 addresses  |
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rakesh1_90
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March 08, 2015, 09:18:04 PM |
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Bought some more cheap xqns. Now we sit on our asses and do absolutely nothing to move crypto forward while we wait for the dev to do all the work.
I have been sitting on my ass since long and always seen a price drop. All my buys are above 3000 shitoshis. ^^^ There, fixed that for you |
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trader19
Legendary
Offline
Activity: 1232
Merit: 1001
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March 09, 2015, 03:55:00 PM |
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Bought some more cheap xqns. Now we sit on our asses and do absolutely nothing to move crypto forward while we wait for the dev to do all the work.
I have been sitting on my ass since long and always seen a price drop. All my buys are above 3000 shitoshis. ^^^ There, fixed that for you chill guy's and buy on dips, soon we will all have chance to contribute to promote xqn and xai.. For now its accumulation time 😉 |
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HYPster
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March 11, 2015, 02:41:24 AM |
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Talked to Joe and there will be a MAJOR announcement tomorrow at 9am EST. Buy now if you know what is good for you!!!
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CedricQuotient (OP)
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March 11, 2015, 07:30:32 AM |
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Talked to Joe and there will be a MAJOR announcement tomorrow at 9am EST. Buy now if you know what is good for you!!!
LOL, dunno where that came from... but as its 3:30AM now, I suspect I will still be asleep when 9AM rolls around  |
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interbtc
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March 11, 2015, 03:12:47 PM |
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it's good time to buy some $XQN , it's very cheap! |
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HYPster
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March 12, 2015, 01:30:18 AM |
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Talked to Joe and there will be a MAJOR announcement tomorrow at 9am EST. Buy now if you know what is good for you!!!
LOL, dunno where that came from... but as its 3:30AM now, I suspect I will still be asleep when 9AM rolls around Don't back out on me now Joe. Come on spill it. We have been waiting soooo long. I have the download you let me test so should I release that? New wallet is damn nice. Stakes twice as fast and I have gotten 16 stakes so far. I don't like to be greedy so Joe you need to release this wallet soon ok? |
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vince232
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March 12, 2015, 02:18:46 AM |
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Talked to Joe and there will be a MAJOR announcement tomorrow at 9am EST. Buy now if you know what is good for you!!!
LOL, dunno where that came from... but as its 3:30AM now, I suspect I will still be asleep when 9AM rolls around Don't back out on me now Joe. Come on spill it. We have been waiting soooo long. I have the download you let me test so should I release that? New wallet is damn nice. Stakes twice as fast and I have gotten 16 stakes so far. I don't like to be greedy so Joe you need to release this wallet soon ok? Saw your post at mj coin and you claim that adam also let you test the new android wallet. Hahaha lame but if your motive is to spread hype and make the price go up. I hope you succeed haha |
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