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

[qiwoman2]

suppose I was to buy in but didn't want to stake, what would happen to my investment?

problem is we don't know how low they gonna dump so could go either way, if you don't stake u may lose, if they allow another rally u may win, it's a risk.

[jc12345]

I have a question for the clever people around here:

If you transfer coins out of the wallet, is it FIFO or LIFO? (First-in-first-out or Last-in-first-out). Let me give an example. If you send 100 coins to your wallet and then send 100 coins out, was the 100 that you just transferred in that went out or were the coins the oldest coins in the wallet that went out?

[WigitGetIt]

I have a question for the clever people around here:

If you transfer coins out of the wallet, is it FIFO or LIFO? (First-in-first-out or Last-in-first-out). Let me give an example. If you send 100 coins to your wallet and then send 100 coins out, was the 100 that you just transferred in that went out or were the coins the oldest coins in the wallet that went out?

Not sure there is a way to tell, but someone else might know.

[btcshiner]

100k sat could last until well over the 1m coin supply mark. Other coins like Uro and Monero have supply into the millions and are sitting around 100k sats atm 

And those you mention do not generate income for you on this scale.

In real world, one way to value shares is to discount the dividend income stream. The same can be done with a coin because the relationship of stake to coin can be seen similar to the relationship of dividends to shares. In the case of 10K the income stream "dividend" is high meaning that if you discount future income the price should be much higher than the coins you compared above.

if you're just talking about price here, it will be pushed down for obvious reasons.. my point was that it could stay around 100k for a while though.. into the millions

Just as I predicted the Asians woke up and pushed the price down, always happens but I hope they don't kill the coin and we last longer than a week at current prices, it's a nice coin..

I don't believe the Asians have enough coins yet to kill it.  Also Asians tend to save more than Americans.  Perhaps the stake rate will be enough to incent them to only sell off a portion of what their coin stazkes each day.

I mined a few coins and after the first couple stakes decided to buy some.  Spent the last two days accumulating from .00045 to .00075.  Originally I planned to be at 1000 coins in 10 days, but cashed in some str and nmc that was just sitting doing nothing to reach it yesterday.

I have owned a few alt's that stake but this is the first one I have had that I actually enjoy staking.   It will be interesting to see if the stake rate causes exchanges and traders to change their behavior.  Exchanges could in theory accumulate, stake and dump if the buy side gets to heavy and still keep a base amount for staking.  And the stake rate is so high that traders need to make more than 27% a day to make it worth their bots time to trade.

i am thinking that the average person that buys into this coin will think about a 4-10 holding period and after staking greed will overtake a certain amount of discipline that will extend the holding period out.  Some will plan to sell off the daily stake after that or a % of the daily stake.  Some will buy more when they see the staking work which will help to set a steady buy side as more coins come to market.  



If Cryptodouble was able to get millions in BTC and other coins I don't see why this coin can't reach at least that in market cap.  The potential returns are the same but you are in control of your coins eliminating the risk of a ponzi operator running away with them.

Thanks Dev I am having fun!

[peer2peer360]

Just as I predicted the Asians woke up and pushed the price down, always happens but I hope they don't kill the coin and we last longer than a week at current prices, it's a nice coin.. Shame they pushed it down 4k sat already,  
[/quote]  

Logically I think like you too, but unfortunately the markets are so fickle - especially Bittrex lol...but there is enough volume I think for a nice general push upwards, also remember in the afternoon when the Asians wake up they usually dump what we all so worked hard to go upwards lol..it's a daily trend so buy when the Asians dump and sell mid noon to afternoon time but for now HOLD! Make them scarce!!!

[mtwelve]

It's 1 hour of time, not block count

Which is based on confirmations isn't it? That's how I thought it was elapsed on, is it based off the system clock? Curious

[forbesmining]

Hedge your bets by investing some profits in MMXIV. Still only 33k coins exist, and price is low .01 now,

an opportunity to stake longer and profit over a longer time period. That said, 10k has been awesome 

[timmyd]

At 90-100k it's too risky. This bubble will break as inflation is freaky high  and rapid fast.

No FUD, just constructive opinion.

This coin is short term in it's 10k percent stake reward implementation.

People, who enters this coin market should understand, that once it can be brought to ground (see panic sells of other coins). Max count of users, staking wallets is not unlimited

I already cashed out my initial investment. I'm freerolling now. 100% profit at no risk. That's what I call a sweet deal.

If everyone did this we would see one hell of a ride, get safe and lets see how high we can fly this 10k

[qiwoman2]

At 90-100k it's too risky. This bubble will break as inflation is freaky high  and rapid fast.

No FUD, just constructive opinion.

This coin is short term in it's 10k percent stake reward implementation.

People, who enters this coin market should understand, that once it can be brought to ground (see panic sells of other coins). Max count of users, staking wallets is not unlimited

I already cashed out my initial investment. I'm freerolling now. 100% profit at no risk. That's what I call a sweet deal.

If everyone did this we would see one hell of a ride, get safe and lets see how high we can fly this 10k

Well you guys are lucky I came in yesterday so for me is still a risk until I can break even.. just hope they don't continue dumping  and tomorrow there is a rise again..

[mtwelve]

Think that was peak, don't think we'll be seeing that again :p

[vegasguy]

yup. Had 2100 coins and cashed out just above 80k sat. A nice profit. Thank you Dev and all supporters.

Vegas

[jc12345]

yup. Had 2100 coins and cashed out just above 80k sat. A nice profit. Thank you Dev and all supporters.

Vegas

So it was you that put that 2133 2BTC sell wall up that pushed the price down?

[vegasguy]

That would be me sir, and I just for the record I stayed on the ask side, and did not dump. If youve read my posts before, you would know that I consider others, and have a community mind, and always make a clean exit with minimal impact on the price. I think it moved <1000 sat with a 2BTC exit , and is back higher again at 84k sat now as I write this.

Vegas

[TimC]

That would be me sir, and I just for the record I stayed on the ask side, and did not dump. If youve read my posts before, you would know that I consider others, and have a community mind, and always make a clean exit with minimal impact on the price. I think it moved <1000 sat with a 2BTC exit , and is back higher again at 84k sat now as I write this.

Vegas

Yes. Vegas sale did not push prices down. Nice clean exit at the price you wanted for your max profit without hurting the markets. You get way more by putting sales then dropping on buys. With a dump you make even less.

[igor107th]

we see the price again pump every body buy
the bigg man take a cash (fiat) and dump
over and over again
i think its a piramide game
dont sell i think only sell your
staked coins lol i do the same
70 dollars a day and price drops oke
but i dont sell my starting coins
only the staking coins and have my money back
LOL
wen the price stays everyday 70 dollar
so not no problem but i think it stays

i think the government can forbit btc on this system
piramide looks so but we wil maieuticoin have a good profit
sorry for my verry bad engels
greetz old man  
(wen the price drops i buye more)
no bank make you so mutch profit )

[topcat363]

we see the price again pump every body buy
the bigg man take a cash (fiat) and dump
over and over again
i think its a piramide game
dont sell i think only sell your
staked coins lol i do the same
70 dollars a day and price drops oke
but i dont sell my starting coins
only the staking coins and have my money back
LOL
wen the price stays everyday 70 dollar
so not no problem but i think it stays

i think the government can forbit btc on this system
piramide looks so but we wil maieuticoin have a good profit
sorry for my verry bad engels
greetz old man  
(wen the price drops i buye more)
no bank make you so mutch profit )

how many coins are you staking? And the price will find a floor of 100k this week. i shhhmell it

[igor107th]

2200  
no problem for me
i have my profit but its a piramide system pump cash dump(and stay stake other wallet)
i dont have enough money to do that but some people have
and do that
wen the dev do his job the people with real money will help him
to make money for him (not to muth)
so not kill the coin
that people have the money

(we dont)
i can do sad i have 3 kids to feet food
silly job haha but i m happy
and like money and i dont like it
it makes friends and kills it
bud good luck stay at this price
haha 

[coinerQ]

Hi, new guy here.
I have a bittrex account  with 1250 10K coins .... I would like to move a thousand of them to where ever it is that they need to go to begin getting the PoS .  I've read the initial post, over and over, sorry , but I'm not understanding or seeing the link to set up a wallet. can somebody help me with that link please. this is the first time I will be setting up a wallet also, any chance of a step by step dummy proof explanation for that would be greatly appreciated.

I Got Spots ... Thanks for setting this up, I haven't been this excited about crypto's since I blew $800 x 6 buying my first bitcoins.
The thoughts of recouping a fraction of my losses had me sleepless last night!

I assume you have Windows 7 or 8.

1. Download wallet at this link as per the OP https://drive.google.com/file/d/0B9KhUdXDh1RqRUQzeGRjVE9wU1k
2. Bypass all warnings from your anti-virus and force the file to be downloaded and extracted. If Google Chrome moans use Windows Explorer
3. Extract the file in your download directory to the suggested directory ...\downloads\10k-Qt-win
4. Execute the file called 10k-Qt.exe in the directory where it was extracted. A wallet will come up with possibly some error messages. Just close the wallet once it has opened.
5. Goto the directory that the exe file created. You can find it in c:\users\yourwindowsaccountname\AppData\Roaming\10k
6. Inside that directory create a file called 10K.txt and rename it to 10k.conf
7. Post the following lines in the 10k.conf file
daemon=1
server=1
listen=1
maxconnections=100
rpcallowip=local
rpcallowip=127.0.0.1
rpcuser=coinerq
rpcpassword=coinerq1
rpcport=9999
addnode=98.174.25.33
addnode=23.92.61.98
addnode=104.236.222.217
addnode=37.59.18.108
addnode=94.190.246.163
addnode=96.236.59.185
addnode=81.152.225.30
addnode=81.164.5.200

The lines above the addnodes are not really necessary for your purpose but you can put them in as is.

8. Go back to your downloads directory where the .exe file was and run it again. The wallet will open again. This time it will connect to the network. You will see an error message at the bottom of the wallet that the the data is old. Don't worry about this as it is normal.
9. The wallet will begin downloading blocks. Blocks are records of transactions (coins sent from one address to another) that have been verified by the network. You can consider it a public ledger of a bunch of transactions. As the wallet processes the blocks and follow the trail of the money, you will see the number of blocks increasing up to the current block. This process can take 30min to 1 hour in this case for where the coin is in the scheme of things. (The proper Bitcoin wallet can take a week to download and process all the blocks). To watch the process you can select Help at the top, then Debug Window and then Information. The current block count is in the middle of the window. The blocks will increase as the wallet downloads and processes the blocks until it is current which was 112544 as of writing this. Once the wallet gets to this point, you will see a "correct mark" at the bottom right of the wallet. If you hover over this with your mouse, you will get a popup that the wallet is up to date.
10. Insert a USB stick into your PC and create a directory called 10K. Go to the directory where you created the 10k.conf file. Copy a file called wallet.dat to the memory stick into the 10K directory. Rename the file wallet.dat.old
11. Go to your wallet and select Settings at the top and select encrypt. It will ask you for a password that you have to enter twice. Select a difficult password and write it down somewhere safe and remember it. The wallet will close and then open it again. Now your wallet file is encrypted and money cannot be stolen from it without knowing the password.
12. Go back to where your wallet.dat file is and copy the file again to your memory stick. You must now store the memory stick in a safe place like a physical safe. if something ever happens to your wallet file, you can use the backup one. If you want to be extra security, you can encrypt the USB stick with Bitlocker and remember the password.
13. Go to Bittrex exchange to your 10K balance and select withdraw. Go to your wallet and select the receive coins at the top. Right click and copy the address. Go to Bittrex and enter that address in the withdraw address block. Enter just 1 coin in the mount for now. Select withdraw. A popup will come up with the transaction about tho happen. the address where it will go to will have the last two digits cut-off which is a Bittrex issue. Enter your 2FA if it was setup and let it withdraw.
14. Now you wait and watch your wallet until a popup comes up bottom right that 1 coin has been received. Once this happens, go back to Bittrex and withdraw the rest of the balance.
15. If all went well your coins will now be in your wallet on your PC.
16. Go back to Bittrex to your 10K balance. Generate a 10K address on the left of the screen. Right click and copy that. Go back to your wallet and select Address Book at the top. Create a new address and paste the Bittrex address there and call it Bittrex.
17. Select "send coins" at the top of your wallet and select the name "Bittrex" that you just created. This is needed so that you don't have to manually enter the address every time. This is one of the the biggest risks in crypto to send coins to an incorrect address as they will be gone then forever. I wish exchanges would create a facility to traders to create address books on the exchange. Enter 1 coin again and select send. You have to enter your password and agree to the small transaction fee. Watch Bittrex to make sure that the 1 coin appears there after a while. You now know that you have a proper two way channel between your wallet and exchange.
18. Go back to your wallet. The message at the bottom of the wallet to the left of the up arrow will say that your wallet is encrypted and locked. Next to it will be a circle with an up arrow and a message if you hover over it that your wallet is not staking because your wallet is locked (encrypted)
19. Go to the top of your wallet and select Help and then Debug window and then console. In the bottom bar type the following command:
"walletpassphrase yourwalletpassword 99999999 true" if successful you will see this command in green in the console. Now click the little "-" sign to the right of that bar so that it clears the screen. Close the console window.
20. If you hover over the little up arrow it will say "Your wallet is not staking because you do not have mature coins". After one hour this message will disappear and your coins while be staking. After several stakes you will get to a point where your stake becomes 0.00 coins. Once this happens, move your coins to another address (I use another wallet on another PC) and then move it back so that your coin age can reset. Your coins will mature again for an hour after which it will start staking again.

PS:
21. Everytime you send money from your wallet somewhere else, your wallet will lock up again. You then have to go back to the console and enter the walletpassphrase like above to unlock it for staking.
22. Everytime you hit a stake (verify a block of transactions) also called solve a block, your balance of coins will reduce and move to a different line. For a while it might also disappear until the required number of confirmations have occurred. You can watch the progress in the transactions tab at the top of your wallet. Once the required confirmations have happened, the coins become available again in your wallet and the coins that staked are reset and have to mature for an hour again before they can become eligible for staking again.
23. Sometimes you will see a message popup that you have received a stake amount of coins, but if you go to the transactions tab it is grey with a question mark next to it. This means that your wallet thought it solved the block but actually someone else did and the network rejected your claim. It is called an orphan block. Ignore those but feel sad for a moment that you did not get those coins.
24. It is possible to create more receiving addresses in your wallet for in case you want to use a unique address for each time you receive money from someone or some place. Every time you add a new receiving address, you have to fetch your USB stick from the safe, rename the wallet.dat file there to wallet.dat.old2,3,4 etc. and copy the new wallet.dat to the USB stick. The only drawback is that if you ever forget your wallet password, all later wallet.dat files will be encrypted and the first unencrypted one will only have your first address in it. You can therefore consider creating 50 or so addresses before you encrypt the wallet.dat file, if you foresee using unique addresses a lot.

I managed to accomplish step #6  file is created, called it 10k.txt , then renamed it 10k.conf.  what I cant figure out is how to do is post the addnode lines into the file. can someone describe how to do that please.  thank you in advance!

[topcat363]

2200  
no problem for me
i have my profit but its a piramide system pump cash dump(and stay stake other wallet)
i dont have enough money to do that but some people have
and do that
wen the dev do his job the people with real money will help him
to make money for him (not to muth)
so not kill the coin
that people have the money

(we dont)
i can do sad i have 3 kids to feet food
silly job haha but i m happy
and like money and i dont like it
it makes friends and kills it
bud good luck stay at this price
haha 

theres a clear incentive to hoard 10k coin...i just think BTC is lacking liquidity right now... no money in ANY alts...which sucks

[jc12345]

I managed to accomplish step #6  file is created, called it 10k.txt , then renamed it 10k.conf.  what I cant figure out is how to do is post the addnode lines into the file. can someone describe how to do that please.  thank you in advance!

Just double click the file and it will open up in Notepad. Alternatively open Notepad and the open the 10k.conf file in it. Copy past the content and save again.