JackyVanmarsenille
Member
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Activity: 150
Merit: 10
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February 12, 2015, 06:57:13 PM |
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Thanks for the update Inkha!
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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SimkoMiner
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February 14, 2015, 06:32:09 AM |
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On Bittrex there are cca 93000 GP wanted on Buy side and just cca 41000 GP available for selling. And this coin needs just cca 1.8 Bitcoin to reach price of 10K  If we reach 10K than this coin will explode as there is just very little resistance between 10K and 100K. I'm buying guys. |
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SimkoMiner
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February 15, 2015, 02:13:33 PM |
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Jeeez, buy support for this coin almost evaporated. WTF?
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24core
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February 16, 2015, 08:26:22 AM |
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Hi there,
This coins looks quite different so I have started to buy some coins.
I bought some this morning and transferred back to my wallet for staking.
However, it is taking along time to appear in my wallet and I am sure it will turn up soon.
This is where my concerns lies as I presume transaction speed is based on staking rate across the network ?
Now is the 24 hours putting people off or is it too long as everyone reboots their every time.
Also is there is a transaction explorer ?
Many thanks
Lee
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inkha (OP)
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February 16, 2015, 11:25:40 AM |
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On Bittrex there are cca 93000 GP wanted on Buy side and just cca 41000 GP available for selling. And this coin needs just cca 1.8 Bitcoin to reach price of 10K If we reach 10K than this coin will explode as there is just very little resistance between 10K and 100K. I'm buying guys. I concur. With the comparatively limited supply and 500% PoS interest in the first year - if Halhan becomes popular and/or GoldPieces is adopted by other browser based RPG's then this could offer a nice return on a minimal investment. I have some other ideas to like a physical game system/games/game cards marketplace people can buy/sell to eachother with GP i think will ensure more usability. Once the market is bigger existing games and services will be able to accept GP confidently as well. We still need to decide as a community what we will be setting the stake % to in January 2016 as well. ~Inkha |
GoldPieces - An expandable digital currency to be used as an in-game currency.
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inkha (OP)
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February 16, 2015, 11:36:04 AM |
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Hi there,
This coins looks quite different so I have started to buy some coins.
I bought some this morning and transferred back to my wallet for staking.
However, it is taking along time to appear in my wallet and I am sure it will turn up soon.
This is where my concerns lies as I presume transaction speed is based on staking rate across the network ?
Now is the 24 hours putting people off or is it too long as everyone reboots their every time.
Also is there is a transaction explorer ?
Many thanks
Lee
It takes 24 hours before your coins start staking but transactions happen much faster than that. Here's the block explorer: |
GoldPieces - An expandable digital currency to be used as an in-game currency.
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elektrax
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February 16, 2015, 04:55:14 PM |
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Hi there,
This coins looks quite different so I have started to buy some coins.
I bought some this morning and transferred back to my wallet for staking.
However, it is taking along time to appear in my wallet and I am sure it will turn up soon.
This is where my concerns lies as I presume transaction speed is based on staking rate across the network ?
Now is the 24 hours putting people off or is it too long as everyone reboots their every time.
Also is there is a transaction explorer ?
Many thanks
Lee
Staking blocks is frequent enough. If anything, the delay is from your exchange's withdraw cycles. I move coins in and out from Bittrex all the time and its swift. Today i got a stake of 2.50955105 from an address that had about 80 GP in it, for those keeping count of such things:D |
BTC: 1G6Fc3sWL9E9DShfitjQvP2SGXvNLbqzGz | GP: GdTPHPNRV6P49mtW6Bc8kFBvRx4oofx4eX
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Pattart
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February 16, 2015, 06:12:25 PM |
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Hi there,
This coins looks quite different so I have started to buy some coins.
I bought some this morning and transferred back to my wallet for staking.
However, it is taking along time to appear in my wallet and I am sure it will turn up soon.
If it's bittrex their transfers are often delayed, I've had to message them to get them to send sometimes.
I concur. With the comparatively limited supply and 500% PoS interest in the first year - if Halhan becomes popular and/or GoldPieces is adopted by other browser based RPG's then this could offer a nice return on a minimal investment.
Not sure where people are getting 500% from. The math is pretty damn simple, child school level even. About 1600 new coins are staked everyday right now, with around 800,000 coins that's less than 100% |
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drays
Legendary
Offline
Activity: 2520
Merit: 1073
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February 16, 2015, 10:26:20 PM |
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Not sure where people are getting 500% from.
Hmm.. maybe they get it from OP..?  " staking at a rate of 500% thereafter" Its clearly stated there. |
... this space is not for rent ... |
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catotune
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February 17, 2015, 12:01:17 AM |
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Not sure where people are getting 500% from.
Hmm.. maybe they get it from OP..? " staking at a rate of 500% thereafter" Its clearly stated there. It looks like the interest is 500%:
$ GoldPiecesd getmininginfo
[..]
"stakeinterest" : 500000000,
[..]
Not exactly sure how to parse the number of zeros, but 500% looks right if you remove 6 zeros like I've seen for at least one other POS coin. I just got into GoldPieces a few days ago (for some reason the low-res logo and name really appeal to the nerd in me). Looking forward to seeing this coin integrated into some games! |
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inkha (OP)
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February 17, 2015, 11:03:57 AM |
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Anyone that is good with batch scripts, I'm interested in having a script created that developers can use that will install GP, give them a unique config file, set the daemon to autostart on a fresh digitalocean ubuntu installation for example.
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GoldPieces - An expandable digital currency to be used as an in-game currency.
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inkha (OP)
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February 17, 2015, 05:25:32 PM |
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Not sure where people are getting 500% from.
Hmm.. maybe they get it from OP..? " staking at a rate of 500% thereafter" Its clearly stated there. It looks like the interest is 500%:
$ GoldPiecesd getmininginfo
[..]
"stakeinterest" : 500000000,
[..]
Not exactly sure how to parse the number of zeros, but 500% looks right if you remove 6 zeros like I've seen for at least one other POS coin. I just got into GoldPieces a few days ago (for some reason the low-res logo and name really appeal to the nerd in me). Looking forward to seeing this coin integrated into some games! Yes i thought the pixely logo was nice:) |
GoldPieces - An expandable digital currency to be used as an in-game currency.
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SimkoMiner
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February 17, 2015, 07:18:26 PM |
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Yes, the logo reminds me old good Commodore64 times. Don't change it.
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old fart
Member
Offline
Activity: 308
Merit: 10
Bitcoin is the future
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February 17, 2015, 07:35:04 PM |
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Yes, the logo reminds me old good Commodore64 times. Don't change it.
I like the retro Commodore64 look too. Old things often come back into fashion years later. Its look could start a revival and be copied by other coins. |
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inkha (OP)
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February 18, 2015, 04:38:09 AM |
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GoldPieces - An expandable digital currency to be used as an in-game currency.
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panthea0
Member
Offline
Activity: 98
Merit: 10
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February 18, 2015, 05:54:08 AM |
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Yes, the logo reminds me old good Commodore64 times. Don't change it.
+1 Don't change the logo. I like it. |
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SimkoMiner
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February 18, 2015, 11:42:18 AM |
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As I'm seeing now the sell resistance of this coin is almost nothing. Just 2 BTC are needed to reach price 20K SAT. I wonder when some whale notices this coin because once this happens, nobody will have time to buy anything below 10K price, whale will snap it all at one bite and pump it over 100K with ease.
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inkha (OP)
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February 18, 2015, 02:25:07 PM |
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As I'm seeing now the sell resistance of this coin is almost nothing. Just 2 BTC are needed to reach price 20K SAT. I wonder when some whale notices this coin because once this happens, nobody will have time to buy anything below 10K price, whale will snap it all at one bite and pump it over 100K with ease.
Sounds good to me, more money for projects, win win!  ~Inkha |
GoldPieces - An expandable digital currency to be used as an in-game currency.
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SimkoMiner
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February 18, 2015, 06:25:57 PM |
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If I check on Coinmarketcap other coins with simmilar coin supply, it's clear that my vision of at least x10 higher GP price is not far from reality. And I'm pretty convinced this coin is not any worse than those coins I circled.  |
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