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

[fonzerrellie]

So I'm slightly confused with max stake age.. It says 16 days in the OP but what's the right approach here? Some people are moving coins daily?

as soon as you start getting a couple 0 stakes in a row send the coins to your self to reset them

I haven't got any 0 stakes yet

when would I see that happen? Is that where the 16 days comes in?

I believe max coinage just refers to how long they will build interest... so if you kept your wallet locked for 10 days you'd get 10 days worth of interest when you unlocked it for staking, but if you kept the wallet locked for 20 days you'd only get 16 days worth of interest

ok, that makes sense. So is the idea to keep my wallet open pretty much the whole time? Is it right to assume that having it open will increase my weight therefore increasing the likely hood that I will stake each and every time rather than running into orphaned stakes from time to time?

indeed I think so, the more coins and wallets spread out unlocked for staking the stronger the network becomes, 10k truly gives incentive for people to hold

[1715588107]

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[1715588107]

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[coinking]

So I'm slightly confused with max stake age.. It says 16 days in the OP but what's the right approach here? Some people are moving coins daily?

as soon as you start getting a couple 0 stakes in a row send the coins to your self to reset them

I haven't got any 0 stakes yet

when would I see that happen? Is that where the 16 days comes in?

I believe max coinage just refers to how long they will build interest... so if you kept your wallet locked for 10 days you'd get 10 days worth of interest when you unlocked it for staking, but if you kept the wallet locked for 20 days you'd only get 16 days worth of interest

ok, that makes sense. So is the idea to keep my wallet open pretty much the whole time? Is it right to assume that having it open will increase my weight therefore increasing the likely hood that I will stake each and every time rather than running into orphaned stakes from time to time?

indeed I think so, the more coins and wallets spread out unlocked for staking the stronger the network becomes, 10k truly gives incentive for people to hold

so is there a benefit to spreading out my coins across dif wallets? And I'm not talking about from a security standpoint, I'm strictly talking about staking and how to get the most minted coins out of it.

There are many ways to use POS and I'm trying to decide what's the best approach with 10k in order to get the most out of the staking process. I've seen people split up there holdings as a staking 'approach'

[TimC]

ok, that makes sense. So is the idea to keep my wallet open pretty much the whole time? Is it right to assume that having it open will increase my weight therefore increasing the likely hood that I will stake each and every time rather than running into orphaned stakes from time to time?

With each passing block you coinage increase and with a open wallet in staking mode you have a chance of earning the POS reward with each passing block. Remember your coins are competing with other to earn that POS reward. You weight keeps increasing until you earn the reward. So if you keep your wallet open not only are you getting the most chances to earn the POS reward but you are also compounding as soon as you can.

[coinking]

ok, that makes sense. So is the idea to keep my wallet open pretty much the whole time? Is it right to assume that having it open will increase my weight therefore increasing the likely hood that I will stake each and every time rather than running into orphaned stakes from time to time?

With each passing block you coinage increase and with a open wallet in staking mode you have a chance of earning the POS reward with each passing block. Remember your coins are competing with other to earn that POS reward. You weight keeps increasing until you earn the reward. So if you keep your wallet open not only are you getting the most chances to earn the POS reward but you are also compounding as soon as you can.

Ok, so the idea is to keep your wallet open and unlocked 24/7 (or as often as possible)

So is there any benefit to spreading coins throughout other wallets? And is there a way to tell if a coin's age has maxed without keeping an eye on the transaction section for '0' stake?

[fonzerrellie]

ok, that makes sense. So is the idea to keep my wallet open pretty much the whole time? Is it right to assume that having it open will increase my weight therefore increasing the likely hood that I will stake each and every time rather than running into orphaned stakes from time to time?

With each passing block you coinage increase and with a open wallet in staking mode you have a chance of earning the POS reward with each passing block. Remember your coins are competing with other to earn that POS reward. You weight keeps increasing until you earn the reward. So if you keep your wallet open not only are you getting the most chances to earn the POS reward but you are also compounding as soon as you can.

Ok, so the idea is to keep your wallet open and unlocked 24/7 (or as often as possible)

So is there any benefit to spreading coins throughout other wallets? And is there a way to tell if a coin's age has maxed without keeping an eye on the transaction section for '0' stake?

I can't see there being a benefit to an individual having multiple wallet

I'm going to move them whenever the returns start getting smaller... why wait till it gets to 0

[coinking]

ok, that makes sense. So is the idea to keep my wallet open pretty much the whole time? Is it right to assume that having it open will increase my weight therefore increasing the likely hood that I will stake each and every time rather than running into orphaned stakes from time to time?

With each passing block you coinage increase and with a open wallet in staking mode you have a chance of earning the POS reward with each passing block. Remember your coins are competing with other to earn that POS reward. You weight keeps increasing until you earn the reward. So if you keep your wallet open not only are you getting the most chances to earn the POS reward but you are also compounding as soon as you can.

Ok, so the idea is to keep your wallet open and unlocked 24/7 (or as often as possible)

So is there any benefit to spreading coins throughout other wallets? And is there a way to tell if a coin's age has maxed without keeping an eye on the transaction section for '0' stake?

I can't see there being a benefit to an individual having multiple wallet

I'm going to move them whenever the returns start getting smaller... why wait till it gets to 0

fair enough, thanks for the info guys!

[iGotSpots]

Stake weight across the network is through the roof with blocks averaging around 30s

<Maieutica> Block info for 10k Coin
<Maieutica> Block:      114,757
<Maieutica> Block Time: 46s
<Maieutica> Block Size: 1000
<Maieutica> Block tx:   0
<Maieutica> Checkpoint:
<Maieutica>   Hash:     f2394de417c38b59a7164927ddbd56d6864ed123c7f8f9ee5152bcef75cc202b
<Maieutica>   Height:   114,752
<Maieutica>   Time:     2015-02-08 03:16:52 UTC
<Maieutica> Stake Wght: 691,114.61368657
<Maieutica> Money Sply: 224,208.32679

[Nagger06]

so first launch one guy got 900 blocks so we had to relaunch cant have that shit, second launch devs buddy gets 5000 blocks, yeah thats all cool no need to relaunch LOL!!! SCAM!!!!!!avoid this fucker folks this is just a cash grab for the dev and his buddies (that apparently dont know how to run a pool) this is just dump city from timC just as soon as there is enough buy orders. you have been warned.

[iGotSpots]

so first launch one guy got 900 blocks so we had to relaunch cant have that shit, second launch devs buddy gets 5000 blocks, yeah thats all cool no need to relaunch LOL!!! SCAM!!!!!!avoid this fucker folks this is just a cash grab for the dev and his buddies (that apparently dont know how to run a pool) this is just dump city from timC just as soon as there is enough buy orders. you have been warned.

TimC has nothing to do with us. We launched several tests chains, yes, and they were known as tests

[ValleyOfTheWolves]

im gonna sell in the year 2025 

[mtwelve]

we might hit .001 BTC....

[iGotSpots]

So I'm slightly confused with max stake age.. It says 16 days in the OP but what's the right approach here? Some people are moving coins daily?

as soon as you start getting a couple 0 stakes in a row send the coins to your self to reset them

I haven't got any 0 stakes yet

So iGotSpots are we to move the coins in one big lump? Is that to stress test the POS block chain against difficulty spikes when large sums of POS coins are moved or are you needing lots of inputs and so then to resend the coins in two or three large batches? I've started with a few batches of 500 and just asking for when it gets time for me to reset coinage.

I move mine in as big of chunks as possible

[jc12345]

I am astonished by the buy/sell ratio. I cannot remember seeing anything like it before. It seems everyone wants this coin. Imagine the explosion if it is rolled out for commerce. Retail commerce will love the 30sec to race through 6 confirmations.

[ValleyOfTheWolves]

dont sell let the buyers pay for this coin guys , thats benefit for all of us!

[peer2peer360]

Ola,

Just been observing for the past few days and ive noticed the amount of interested being expressed through market activity.

Its perfectly safe to approach with Healthy skepticism.

Not so sure as to whats unfolding but 10K Experiment seems to be attracting alot of attention and its only jus the beginning.

P2P360

[devachelekar]

This coin will rock!! Those who possess will get, so anytime is a good time to buy and any time is a bad time to sell!!

[qiwoman2]

WOW this coin is rocking yes..my wallet gave birth to over 100 10k babies since yesterday it's so nice and there is still an accumulation phase..If this continues for 3-4 days and price remain stable will be so lovely..

[devachelekar]

above 100k 

[devachelekar]

There are only 10 sell orders at trex!!!!

[topcat363]

how many exchanges is 10k on?