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sdmathis
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February 18, 2015, 06:02:39 PM |
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hope it doesnt go down to 100 sat like balls
It doesn't matter if it goes down to 1 sat. All that matters is that the market stabilizes and there continues to be demand for 10K. As long as those conditions are met, profits are guaranteed. how come it doesnt matter if it goes down to 1 sat when i bought it at 9k Think about it. This thing stakes like a son-of-a-bitch. If you bought one 10K at at a price of 100,000 sat and it stakes at a rate of 25% per day, 52 days later you would have 109,476 10Ks. Even if it sells for only 1 sat, that's a profit of almost 9,500 sat. That is with your original deposit. Each stake is its own deposit, which can stake an hour later, which is its own deposit, which can stake an hour later, etc, etc. Compounding  Very true. I just did a quick and crude calculation to illustrate the power of compound interest.  |
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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peer2peer360
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February 18, 2015, 06:03:45 PM |
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hope it doesnt go down to 100 sat like balls
It doesn't matter if it goes down to 1 sat. All that matters is that the market stabilizes and there continues to be demand for 10K. As long as those conditions are met, profits are guaranteed. how come it doesnt matter if it goes down to 1 sat when i bought it at 9k Think about it. This thing stakes like a son-of-a-bitch. If you bought one 10K at at a price of 100,000 sat and it stakes at a rate of 25% per day, 52 days later you would have 109,476 10Ks. Even if it sells for only 1 sat, that's a profit of almost 9,500 sat. The point of the high interest rate is to battle that. Those of you that think it's not working do not properly understand compounding interest. Even if you are down 100% for several weeks, compounding soon takes over and puts you up several thousand percent. Start using percentages instead of dollars for your math and you guys will see your pennies grow to nickels in no time Every trade has two sides. For every idiot selling at a stupid price is a buyer, understanding basic mathematic principles and one who can grasp compounding interest, getting an amazing deal |
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whyyousoserious
Sr. Member
 Offline
Activity: 316
Merit: 250
Crypterium - Digital Mobile Cryptobank For Everyon
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February 18, 2015, 06:05:39 PM |
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hope it doesnt go down to 100 sat like balls
It doesn't matter if it goes down to 1 sat. All that matters is that the market stabilizes and there continues to be demand for 10K. As long as those conditions are met, profits are guaranteed. how come it doesnt matter if it goes down to 1 sat when i bought it at 9k Think about it. This thing stakes like a son-of-a-bitch. If you bought one 10K at at a price of 100,000 sat and it stakes at a rate of 25% per day, 52 days later you would have 109,476 10Ks. Even if it sells for only 1 sat, that's a profit of almost 9,500 sat. That is with your original deposit. Each stake is its own deposit, which can stake an hour later, which is its own deposit, which can stake an hour later, etc, etc. Compounding Very true. I just did a quick and crude calculation to illustrate the power of compound interest. this thing should be sky rocketing....but people here dumping try to make some pennys lol |
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politzer
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February 18, 2015, 06:27:05 PM |
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I see a warning message regarding the old checkpoint in the wallet. I have 8 active connections and it's been like 2 hours now. How long does the syncin take?
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Bean Cash: 2STLLsAj2yujtffCE9oYUQwfELjhtgia22
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tw0rak
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February 18, 2015, 06:40:20 PM |
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I see a warning message regarding the old checkpoint in the wallet. I have 8 active connections and it's been like 2 hours now. How long does the syncin take?
Now it can be 3 hours, one week later 4 hours, month later 6 hours...it changes every block. But im sure there are no problems with syncing. |
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jc12345
Legendary
Offline
Activity: 1638
Merit: 1013
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February 18, 2015, 06:49:17 PM |
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I see a warning message regarding the old checkpoint in the wallet. I have 8 active connections and it's been like 2 hours now. How long does the syncin take?
It depends. Iv seen it sync in 30min on one computer and on the next it took a whole afternoon with 8 connections. Try closing and opening the wallet, also reboot your router to get a fresh Internet connection. |
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trader19
Legendary
Offline
Activity: 1232
Merit: 1001
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February 18, 2015, 06:59:45 PM |
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dev, i didn't find link to mac wallet? u have  |
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peer2peer360
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February 18, 2015, 07:07:42 PM |
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best time to be buying is now!
This may be a newbie account but indeed i can vouch for this individual. He is very confident and a strong supportive of 1oK. he is 1 of 2 new investors ive introduce 1oK to. awesome guy By the way. I had him perform due diligence on 1oK lo and behold like the many of us here arrived at the same conclusion. he grasp the 1oK concept right away and didnt waste time entering the market. Anyone notice the pass few days there was an slight increase in 1oK volume & more btc flowed in. I wonder who that was  P2P360 |
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Klaasje
Legendary
Offline
Activity: 1080
Merit: 1000
BTC - 14ZVqS5UGqhY77d5u9aUSW24ipRJ2g9wmm
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February 18, 2015, 07:21:20 PM |
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I see a warning message regarding the old checkpoint in the wallet. I have 8 active connections and it's been like 2 hours now. How long does the syncin take?
Go in your wallet to HELP => debug window and then you see the blocks flying!! |
Bitcoin - 14ZVqS5UGqhY77d5u9aUSW24ipRJ2g9wmm
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qiwoman2
Legendary
Offline
Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
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February 18, 2015, 07:36:02 PM |
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I bought another 1.7k on the little dumpy.. |
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Laamadeus
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February 18, 2015, 07:51:19 PM
Last edit: February 18, 2015, 08:13:46 PM by Laamadeus |
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I think it is going back to 10k ish. Someones are going to buy these prices any time soon. Price of 10k satoshi is perfect for 10k Edit. Hmm..if there is some buyers, lets make an experiment. We choose time and then when the moment is on, we start to buy those cheap coins off. Get cheap and get price back on 10k ^^ |
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CryptShark
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February 18, 2015, 08:50:16 PM |
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I think it is going back to 10k ish. Someones are going to buy these prices any time soon. Price of 10k satoshi is perfect for 10k Edit. Hmm..if there is some buyers, lets make an experiment. We choose time and then when the moment is on, we start to buy those cheap coins off. Get cheap and get price back on 10k ^^ Wait and watch 3-4 k soon.... |
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Laamadeus
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February 18, 2015, 09:05:05 PM |
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I think it is going back to 10k ish. Someones are going to buy these prices any time soon. Price of 10k satoshi is perfect for 10k Edit. Hmm..if there is some buyers, lets make an experiment. We choose time and then when the moment is on, we start to buy those cheap coins off. Get cheap and get price back on 10k ^^ Wait and watch 3-4 k soon.... What is soon? If you now bought 1000. You have 2000 on four days. If the price is 3-4k sat after 4 days, you've break even. Example 5k sats, you've just made a profit. |
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Klaasje
Legendary
Offline
Activity: 1080
Merit: 1000
BTC - 14ZVqS5UGqhY77d5u9aUSW24ipRJ2g9wmm
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February 18, 2015, 09:14:40 PM |
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not intirely true
because of compound interest!
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Bitcoin - 14ZVqS5UGqhY77d5u9aUSW24ipRJ2g9wmm
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sdmathis
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February 18, 2015, 09:18:59 PM |
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I think it is going back to 10k ish. Someones are going to buy these prices any time soon. Price of 10k satoshi is perfect for 10k Edit. Hmm..if there is some buyers, lets make an experiment. We choose time and then when the moment is on, we start to buy those cheap coins off. Get cheap and get price back on 10k ^^ Wait and watch 3-4 k soon.... What is soon? If you now bought 1000. You have 2000 on four days. If the price is 3-4k sat after 4 days, you've break even. Example 5k sats, you've just made a profit. You'd have 2000 in about three days. Don't forget the principle of compound interest. |
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tw0rak
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February 18, 2015, 09:19:42 PM |
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LoL - expected stake reward 1639 days |
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Sandy79
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February 18, 2015, 09:27:45 PM |
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Evening - still looking stable and staking away nicely!
Any updates?
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Laamadeus
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February 18, 2015, 09:47:46 PM |
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I think it is going back to 10k ish. Someones are going to buy these prices any time soon. Price of 10k satoshi is perfect for 10k Edit. Hmm..if there is some buyers, lets make an experiment. We choose time and then when the moment is on, we start to buy those cheap coins off. Get cheap and get price back on 10k ^^ Wait and watch 3-4 k soon.... What is soon? If you now bought 1000. You have 2000 on four days. If the price is 3-4k sat after 4 days, you've break even. Example 5k sats, you've just made a profit. You'd have 2000 in about three days. Don't forget the principle of compound interest. Oh sorry, I forgot that. Just even better |
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CryptShark
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February 18, 2015, 10:44:50 PM |
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I think it is going back to 10k ish. Someones are going to buy these prices any time soon. Price of 10k satoshi is perfect for 10k Edit. Hmm..if there is some buyers, lets make an experiment. We choose time and then when the moment is on, we start to buy those cheap coins off. Get cheap and get price back on 10k ^^ Wait and watch 3-4 k soon.... What is soon? If you now bought 1000. You have 2000 on four days. If the price is 3-4k sat after 4 days, you've break even. Example 5k sats, you've just made a profit. Duh!!!! That means don't buy now! |
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YAdaminer
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February 18, 2015, 11:17:54 PM |
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I think it is going back to 10k ish. Someones are going to buy these prices any time soon. Price of 10k satoshi is perfect for 10k Edit. Hmm..if there is some buyers, lets make an experiment. We choose time and then when the moment is on, we start to buy those cheap coins off. Get cheap and get price back on 10k ^^ Wait and watch 3-4 k soon.... What is soon? If you now bought 1000. You have 2000 on four days. If the price is 3-4k sat after 4 days, you've break even. Example 5k sats, you've just made a profit. Duh!!!! That means don't buy now! No, no, ... that means buy whenever you want cause with 10k every time is right time to buy and stake |
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