[ANN] 10k Coin | Now with 10% PoS and 10000% Superblocks | 10k/MMXIV Market OPEN

[jc12345]

But in the first page it is indicated that best way to stake is to reset coin age to 0 after receiving one

Nothing wrong with that as you have an hour before your coins mature again. If you move them at the beginning of that hour then your whole stack should stake again next time. I prefer it clean. I dont know however if coins with higher coinage like 10 days or so get some kind of VIP status. Perhaps the dev can answer that if coins with a coinage of 1 day is equal to coins with a coinage of 15 days. If it is the same then you can just as well move everything after each stake.

Do you know anything about future developments for this coin?  Or will it remain this way? Hope the future of this coin isnt similar with balls going down to 100 sat

You have to ask that from igotspots.

One can only speculate on certain fundamentals. Economic principles indicate that over the long term there will be a downward trend in price with a constant high sell pressure. The dev team has to counter that with plans which should include measures to increase the buy support, increase the holding base (number of holders), implement some kind of value and some kind of use. The high stake is a good incentive to hold but only up to a point. The dev team must come up with the plans before that point is reached, wherever the point might be, otherwise the coin would implode.

Currently the big ticket items in 10K's favor are:
- High stake causing people to increase their holdings enough to sell off just enough to generate a steady income stream.
- Fast transaction times

Big ticket items against 10K are:
- High inflation causing high sell pressure. The saving grace so far for 10K is that due to hman nature holders want more coins and are building their base, banking on future plans creating enough buy support for them to sell into
- Relatively small holding base currently
- Buy support that is smaller than sells

From this you can make your own decisions about the future of the coin or wether to get involved or not.

[iGotSpots]

But in the first page it is indicated that best way to stake is to reset coin age to 0 after receiving one

Nothing wrong with that as you have an hour before your coins mature again. If you move them at the beginning of that hour then your whole stack should stake again next time. I prefer it clean. I dont know however if coins with higher coinage like 10 days or so get some kind of VIP status. Perhaps the dev can answer that if coins with a coinage of 1 day is equal to coins with a coinage of 15 days. If it is the same then you can just as well move everything after each stake.

Do you know anything about future developments for this coin?  Or will it remain this way? Hope the future of this coin isnt similar with balls going down to 100 sat

- Buy support that is smaller than sell support

Not really, there's 7 BTC in buys in as many orders as 2 BTC worth of sells on Bittrex

[jc12345]

But in the first page it is indicated that best way to stake is to reset coin age to 0 after receiving one

Nothing wrong with that as you have an hour before your coins mature again. If you move them at the beginning of that hour then your whole stack should stake again next time. I prefer it clean. I dont know however if coins with higher coinage like 10 days or so get some kind of VIP status. Perhaps the dev can answer that if coins with a coinage of 1 day is equal to coins with a coinage of 15 days. If it is the same then you can just as well move everything after each stake.

Do you know anything about future developments for this coin?  Or will it remain this way? Hope the future of this coin isnt similar with balls going down to 100 sat

- Buy support that is smaller than sells

Not really, there's 7 BTC in buys in as many orders as 2 BTC worth of sells on Bittrex

The equilibrium of buys and sells is where the price remains stable. If the price goes lower, then buy support is less than sells.

[Nthused]

This is the most fun coin that has ever been produced IMO, I do think there is some future things in store for 10K as it initially was only intended as an experiment, imagine what the Final Product will be like  

[iGotSpots]

But in the first page it is indicated that best way to stake is to reset coin age to 0 after receiving one

Nothing wrong with that as you have an hour before your coins mature again. If you move them at the beginning of that hour then your whole stack should stake again next time. I prefer it clean. I dont know however if coins with higher coinage like 10 days or so get some kind of VIP status. Perhaps the dev can answer that if coins with a coinage of 1 day is equal to coins with a coinage of 15 days. If it is the same then you can just as well move everything after each stake.

Do you know anything about future developments for this coin?  Or will it remain this way? Hope the future of this coin isnt similar with balls going down to 100 sat

- Buy support that is smaller than sells

Not really, there's 7 BTC in buys in as many orders as 2 BTC worth of sells on Bittrex

The equilibrium of buys and sells is where the price remains stable. If the price goes lower, then buy support is less than sells.

 

[jc12345]

This is the most fun coin that has ever been produced IMO, I do think there is some future things in store for 10K as it initially was only intended as an experiment, imagine what the Final Product will be like  

Fully agree.

[Klaasje]

This is the most fun coin that has ever been produced IMO, I do think there is some future things in store for 10K as it initially was only intended as an experiment, imagine what the Final Product will be like  

Fully agree.

To bad people are not seeing this....
Price dropped 3000 sats last few hours

[iGotSpots]

This is the most fun coin that has ever been produced IMO, I do think there is some future things in store for 10K as it initially was only intended as an experiment, imagine what the Final Product will be like  

Fully agree.

To bad people are not seeing this....
Price dropped 3000 sats last few hours

It dropped 3000 in the last 5 minutes. Someone just dumped some. Wonder who

[gkv9]

It dropped 3000 in the last 5 minutes. Someone just dumped some. Wonder who

It seems that the big bagholders are now coming out with their stack in order to just drop it ~20-30% daily in order for a linear price dump stability...
Now, as it's the mid-week, we are all hoping on you to show up with the best you have, and let the bagholders get punished for their deeds...

Sell dumpers sell, we are here to buy... 

[igor107th]

big bagholders LOL
10.17 BTC
 

[tw0rak]

WOW
I wasnt wondering if but when...

[NonStop]

FUCK U DUMPER !!!

[iGotSpots]

FUCK U DUMPERS !!!

Usually I delete giant red obnoxious text, but I agree with this when changed to plural

[iGotSpots]

According to the stats, a huge majority of coins are being staked. This is literally pennies in the bucket being traded

<Maieutica> Block info for 10k Coin
<Maieutica> Block:      162,569
<Maieutica> Block Time: 37s
<Maieutica> Block Size: 1000
<Maieutica> Block tx:   0
<Maieutica> Checkpoint:
<Maieutica>   Hash:     47001fb34cc3dd42473fb99bb89abe2bd5ee39f624e9377c92d8a77c52ea5634
<Maieutica>   Height:   162,564
<Maieutica>   Time:     2015-02-18 13:15:43 UTC
<Maieutica> Stake Wght: 9,777,158.50616894
<Maieutica> Money Sply: 2,345,969.676332

Stake weight is more than quadruple total supply. That is fucking unheard of. The blockchain is literally unattackable, just like MMXIV. Anything being traded is not even close to what the real volume or price of this coin is

[tw0rak]

Plz, delete it
Seems like a newbie get screwed, but thats not a reason to have a giant red violent vulgar post.

Regarding the stake reward the price has to be approx. 30% lower every day...

[Belligerent Fool]

Meh oh well if you can't tell it's just repeating a cycle, the dumpers want out so the new guys come in and start stacking up their coins leaving less coins for people to buy and more people will end up putting up money to try and get some 10K, then once the previous investors have had enough the same thing happens again making in easy to get into 10K initially.

[iGotSpots]

Meh oh well if you can't tell it's just repeating a cycle, the dumpers want out so the new guys come in and start stacking up their coins leaving less coins for people to buy and more people will end up putting up money to try and get some 10K, then once the previous investors have had enough the same thing happens again making in easy to get into 10K initially.

You hit the nail on the head. This was what was limiting MMXIV to getting new investors for a while; price was too high and entry point was too expensive, which is why we increased stake %, and it worked very well. This is an example of MMXIV being improved by BALLS, which is being improved by 10k's results. It's all a circle for us, as well

And if you guys haven't noticed, each time it dumps, the total BTC in buy support goes higher. Just sayin

[devachelekar]

According to the stats, a huge majority of coins are being staked. This is literally pennies in the bucket being traded

<Maieutica> Block info for 10k Coin
<Maieutica> Block:      162,569
<Maieutica> Block Time: 37s
<Maieutica> Block Size: 1000
<Maieutica> Block tx:   0
<Maieutica> Checkpoint:
<Maieutica>   Hash:     47001fb34cc3dd42473fb99bb89abe2bd5ee39f624e9377c92d8a77c52ea5634
<Maieutica>   Height:   162,564
<Maieutica>   Time:     2015-02-18 13:15:43 UTC
<Maieutica> Stake Wght: 9,777,158.50616894
<Maieutica> Money Sply: 2,345,969.676332

Stake weight is more than quadruple total supply. That is fucking unheard of. The blockchain is literally unattackable, just like MMXIV. Anything being traded is not even close to what the real volume or price of this coin is

Does the higher weight means the lower the supply we get everyday! If that is, then this coin would rock.

[iGotSpots]

According to the stats, a huge majority of coins are being staked. This is literally pennies in the bucket being traded

<Maieutica> Block info for 10k Coin
<Maieutica> Block:      162,569
<Maieutica> Block Time: 37s
<Maieutica> Block Size: 1000
<Maieutica> Block tx:   0
<Maieutica> Checkpoint:
<Maieutica>   Hash:     47001fb34cc3dd42473fb99bb89abe2bd5ee39f624e9377c92d8a77c52ea5634
<Maieutica>   Height:   162,564
<Maieutica>   Time:     2015-02-18 13:15:43 UTC
<Maieutica> Stake Wght: 9,777,158.50616894
<Maieutica> Money Sply: 2,345,969.676332

Stake weight is more than quadruple total supply. That is fucking unheard of. The blockchain is literally unattackable, just like MMXIV. Anything being traded is not even close to what the real volume or price of this coin is

Does the higher weight means the lower the supply we get everyday! If that is, then this coin would rock.

Higher stake weight means higher competition and a stake weight ratio this high shows that a vast majority of the coins are being held and staked. It's why inflation hasn't gone out of control

[theboccet]

Why this sell wall at 8k??!! F**** dumb dumper