[ANN][VTR] vTorrent - Share with freedom | 2FA | HD | @Bittrex

[ALCTEC]

Still time to buy sub $1m marketcap.. $500m imminent

I think the new head of social media PR has a lower short-term target


https://twitter.com/AgentSoft/status/841711205202984960

Lmao I would consider paying for this PR work. Golden.

I reckon 2FA alone is worth $5m. $500m for TORRENT 

[Scrotum]

Can someone post some nodes, can't sync

I think more people need to be staking to keep the chain zinging along.

Whats the average rate of return when it comes to staking?

OP has it at 5%/year

That's the rate of increase for the coin supply. I'll have a look at the repo to see what the stake reward is based on.

edit

I'll do it tomorrow.

Well this is a bundle of fun.

Basically, it's 5% per year

Code:

static const int64_t COIN_YEAR_REWARD = 5 * CENT; // 5% per year

But it looks like there is a change to encourage people to be online

Code:

// miner's coin stake reward based on coin age spent (coin-days)
    int64_t nSubsidy;
    if (IsProtocolV3(pindexPrev->nHeight))
        nSubsidy = (pindexPrev->nMoneySupply / COIN) * COIN_YEAR_REWARD / (365 * 24 * (60 * 60 / 64));
    else
        nSubsidy = nCoinAge * COIN_YEAR_REWARD * 33 / (365 * 33 + 8);

    if (fDebug && GetBoolArg("-printcreation"))
        LogPrintf("GetProofOfStakeReward(): create=%s nCoinAge=%d\n", FormatMoney(nSubsidy).c_str(), nCoinAge);
    
    return nSubsidy + nFees;

So that you don't just earn 5% on your balance, but 5% on your balance if you keep your connection open. Well, something like that. I didn't go all the way down the rabbit hole.

Looks similar to CBX's PoSP, but with cbx the block reward is fixed.

[ALCTEC]

All indicators pointing to coke and hookers

[ALCTEC]

Some pussy bailed. See ya later mate. Catch ya at 20k

[ALCTEC]

There's rumours circulating that this is the next POLO coin 

[Scrotum]

There's rumours circulating that this is the next POLO coin 

Provide source, rumours circulate about everything

[ALCTEC]

There's rumours circulating that this is the next POLO coin 

Provide source, rumours circulate about everything

Generally, the source of a rumour is quite hard to pin point. But it's been mentioned several times on twitter by notable investors & traders

[hughbt]

Some pussy bailed. See ya later mate. Catch ya at 20k

It bounced back very quickly. 

[ALCTEC]

Some pussy bailed. See ya later mate. Catch ya at 20k

It bounced back very quickly. 

Yeah, someone was putting up fake sell walls - probs triggered the sell off and he scooped up the cheap coins.

[slugmandrew]

Some pussy bailed. See ya later mate. Catch ya at 20k

It bounced back very quickly. 

Yeah, someone was putting up fake sell walls - probs triggered the sell off and he scooped up the cheap coins.

Brave to put up fake walls now. I've sold a few thousand at 5-7k to take a little profit, but that's it now

[hughbt]

I'm not selling anything. If torrent functionality gets released this has potential to go 200x up or more. Don't cut your profits. We all know dev is going to deliver. Stop trading, start investing.

[digitalgrow]

Yeah me neither, why sell now when nothing has been released yet? IF this dev delivers a working Torrent this coin can be top 10 on Coinmarketcap no doubt

[bv68bot]

How many coins does the dev have, is he loaded up and incentivised?

[slugmandrew]

Yeah me neither, why sell now when nothing has been released yet? IF this dev delivers a working Torrent this coin can be top 10 on Coinmarketcap no doubt

Because by selling about 12% of my stack I've made back almost half what I laid out. Now my risk is minimised and I still make massive profits when we moon.

Also it lets others get in at what is still a great entry price and adds to the volume

[Pickleninja]

Yeah me neither, why sell now when nothing has been released yet? IF this dev delivers a working Torrent this coin can be top 10 on Coinmarketcap no doubt

Because by selling about 12% of my stack I've made back almost half what I laid out. Now my risk is minimised and I still make massive profits when we moon.

Also it lets others get in at what is still a great entry price and adds to the volume

I cashed out my original bitcoin investment long ago. If i go bust, the worst i can say is i broke even

[DogTheHunter]

Nice and easy to shake weak hands 

[ALCTEC]

Buy the POLO listing rumours and *always* invest more than you can afford to lose.

[Pickleninja]

Buy the POLO listing rumours and *always* invest more than you can afford to lose.

Thats why we have TWO kidneys!

[sluggo]

How many coins does the dev have, is he loaded up and incentivised?

3% premine

[MrSunshine]

Can someone post some nodes, can't sync

I think more people need to be staking to keep the chain zinging along.

Whats the average rate of return when it comes to staking?

OP has it at 5%/year

That's the rate of increase for the coin supply. I'll have a look at the repo to see what the stake reward is based on.

edit

I'll do it tomorrow.

Well this is a bundle of fun.

Basically, it's 5% per year

Code:

static const int64_t COIN_YEAR_REWARD = 5 * CENT; // 5% per year

But it looks like there is a change to encourage people to be online

Code:

// miner's coin stake reward based on coin age spent (coin-days)
    int64_t nSubsidy;
    if (IsProtocolV3(pindexPrev->nHeight))
        nSubsidy = (pindexPrev->nMoneySupply / COIN) * COIN_YEAR_REWARD / (365 * 24 * (60 * 60 / 64));
    else
        nSubsidy = nCoinAge * COIN_YEAR_REWARD * 33 / (365 * 33 + 8);

    if (fDebug && GetBoolArg("-printcreation"))
        LogPrintf("GetProofOfStakeReward(): create=%s nCoinAge=%d\n", FormatMoney(nSubsidy).c_str(), nCoinAge);
    
    return nSubsidy + nFees;

So that you don't just earn 5% on your balance, but 5% on your balance if you keep your connection open. Well, something like that. I didn't go all the way down the rabbit hole.

Looks similar to CBX's PoSP, but with cbx the block reward is fixed.

So I am a newbie to staking. Should I be staking with my coins in my wallet?
So you are saying 5% more coins per year if staking.

Will I only get a reward if I keep it open 24/7/365?

I think this code saying if you are staking 200 days a year you will get 200/365 * 5% reward? So in this case it would be like 2.74%

Thanks