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

[Hippie Tech]

Give me one good reason why I should consider this to be any different than that mountain of craptsy sponsered shit sitting over there.

You ponzi pushers have no shame !

[iGotSpots]

Give me one good reason why I should consider this to be any different than that mountain of craptsy sponsered shit sitting over there.

You ponzi pushers have no shame !

To say staking is a ponzi shows a clear lack of understanding what a ponzi actually is

Who collects funds? Who pays out interest? Nobody. The blockchain will not run out of coins, which is why all ponzis fail

Also, I wish I could get rid of this pool of human filth's avatar

[gkv9]

Hey iGotSpots,
I would like to know one thing on which I am still confused on staking thing, it's that if the network weight increases too high the way it is getting, I mean the increase in difficulty to stake, will it still give ~25-30% stake rewards per day? I am very much confused on this, so please explain this to me in a very meaningful manner, even if it would be a para to a letter-sized answer....

[iGotSpots]

Hey iGotSpots,
I would like to know one thing on which I am still confused on staking thing, it's that if the network weight increases too high the way it is getting, I mean the increase in difficulty to stake, will it still give ~25-30% stake rewards per day? I am very much confused on this, so please explain this to me in a very meaningful manner, even if it would be a para to a letter-sized answer....

Personal stake will average out to 27%-ish daily (before compounding), over a year, regardless of any outside factors. It's not a system that will be accurate day to day

[gkv9]

Personal stake will average out to 27%-ish daily (before compounding), over a year, regardless of any outside factors. It's not a system that will be accurate day to day

Do you mean to say that whether or not the compounding interest takes place on our day-to-day rewards, but 27%-ish rewards are fixed and are definitely going to get added?

[jc12345]

Hey iGotSpots,
I would like to know one thing on which I am still confused on staking thing, it's that if the network weight increases too high the way it is getting, I mean the increase in difficulty to stake, will it still give ~25-30% stake rewards per day? I am very much confused on this, so please explain this to me in a very meaningful manner, even if it would be a para to a letter-sized answer....

A high network weight is very good for the coin as it increases the security. As long as you keep staking and stake optimally you are fine irrespective of the network weight.

Repeat of an earlier post:

The difficulty adjustment is there to make sure that the POS rewards stay within the designed parameters. The designed rewards will be allocated based on certain things like the number of eligible coins, coinage and how optimal you stake (the last one is tricky). In the perfect theoretical world you will get your stake as advertised. However it is possible to do silly things with your coins to reduce your reward like keep moving your coins around, letting maxage expire, not making sure that as many as possible of your coins are eligible for staking, leaving your coins on an exchange and locking your wallet for staking - in some of these examples you get nothing. The more people stake, the higher the difficulty gets to make sure each wallet gets its rewards as per the design. The more people stake the safer the network gets as well - the network weight for 10K is exceptionally good.

[yuda7ucard]

TWwSzcUDqCEgV39HxwAYgyVZaoghPHZW4Y GIVE ME SOME PLEASE

[iGotSpots]

Hey iGotSpots,
I would like to know one thing on which I am still confused on staking thing, it's that if the network weight increases too high the way it is getting, I mean the increase in difficulty to stake, will it still give ~25-30% stake rewards per day? I am very much confused on this, so please explain this to me in a very meaningful manner, even if it would be a para to a letter-sized answer....

A high network weight is very good for the coin as it increases the security. As long as you keep staking and stake optimally you are fine irrespective of the network weight.

Repeat of an earlier post:

The difficulty adjustment is there to make sure that the POS rewards stay within the designed parameters. The designed rewards will be allocated based on certain things like the number of eligible coins, coinage and how optimal you stake (the last one is tricky). In the perfect theoretical world you will get your stake as advertised. However it is possible to do silly things with your coins to reduce your reward like keep moving your coins around, letting maxage expire, not making sure that as many as possible of your coins are eligible for staking, leaving your coins on an exchange and locking your wallet for staking - in some of these examples you get nothing. The more people stake, the higher the difficulty gets to make sure each wallet gets its rewards as per the design. The more people stake the safer the network gets as well - the network weight for 10K is exceptionally good.

This is a good summary. One point to make clear is that coinage also increases eventual stake reward. This means if your stakes start to become more seldom, they will be for higher amounts to compensate the longer time between mints

[caex]

TWwSzcUDqCEgV39HxwAYgyVZaoghPHZW4Y GIVE ME SOME PLEASE

https://c-cex.com/?p=10k-btc
https://www.bittrex.com/Market/Index?MarketName=BTC-10K

is very cheap only buy

[Hippie Tech]

Give me one good reason why I should consider this to be any different than that mountain of craptsy sponsered shit sitting over there.

You ponzi pushers have no shame !

To say staking is a ponzi shows a clear lack of understanding what a ponzi actually is

Who collects funds? Who pays out interest? Nobody. The blockchain will not run out of coins, which is why all ponzis fail

Also, I wish I could get rid of this pool of human filth's avatar

Pardon the knee jerk reaction but all I'm seeing is yet another game of "musical bagholders".

[iGotSpots]

Give me one good reason why I should consider this to be any different than that mountain of craptsy sponsered shit sitting over there.

You ponzi pushers have no shame !

To say staking is a ponzi shows a clear lack of understanding what a ponzi actually is

Who collects funds? Who pays out interest? Nobody. The blockchain will not run out of coins, which is why all ponzis fail

Also, I wish I could get rid of this pool of human filth's avatar

Pardon the knee jerk reaction but all I'm seeing is yet another game of "musical bagholders".

It's fine, but as long as the price doesn't fall over 27% daily from the previous day, you're making money. Stable price means profit for holders. Nothing is shady and nothing is a secret. The stake weight speaks for itself at more than triple that of total supply

<Maieutica> Stake Wght: 1,275,675.01790251
<Maieutica> Money Sply: 391,830.307509

[timmyd]

Wow a legendary member that cannot tell the difference between a ponzi and Pos coin. you do know that a ponzi filters money to the top yeah? and people have to keep buying in to pay members of the ponzi. 10k is nothing like this at all lmao.
what have you been doing with all the time it takes become a so called "legend" certainly not studying different types of proof of work/ stake etc.
im amazed

[iGotSpots]

Wow a legendary member that cannot tell the difference between a ponzi and Pos coin. you do know that a ponzi filters money to the top yeah? and people have to keep buying in to pay members of the ponzi. 10k is nothing like this at all lmao.
what have you been doing with all the time it takes become a so called "legend" certainly not studying different types of proof of work/ stake etc.
im amazed

Well there is a lot of shit out there, so being skeptical is fine, but being blanketly stupid is not good practice

[Hippie Tech]

Wow a legendary member that cannot tell the difference between a ponzi and Pos coin. you do know that a ponzi filters money to the top yeah? and people have to keep buying in to pay members of the ponzi. 10k is nothing like this at all lmao.
what have you been doing with all the time it takes become a so called "legend" certainly not studying different types of proof of work/ stake etc.
im amazed

Wtf are you talking about ? lol

Get rich scheme.. .ponzi... there is little to no difference between the two. eg. If no one buys your PoW or PoS crypto fiat, the ponzi/scheme will die.

Btw, did anyone else notice the timestamp from block 1 ? It appears that someone gave themselves a 90 minute head start.
http://10k.mmxivcoin.com/block/00000000001c7995ded40d4c59a48cffbf2230fc95885e46d636f96647df9b13

[iGotSpots]

Wow a legendary member that cannot tell the difference between a ponzi and Pos coin. you do know that a ponzi filters money to the top yeah? and people have to keep buying in to pay members of the ponzi. 10k is nothing like this at all lmao.
what have you been doing with all the time it takes become a so called "legend" certainly not studying different types of proof of work/ stake etc.
im amazed

Wtf are you talking about ? lol

Get rich scheme.. .ponzi... there is little to no difference between the two. eg. If no one buys your PoW or PoS crypto fiat, the ponzi/scheme will die.

Btw, did anyone else notice the timestamp from block 1 ? It appears that someone gave themselves a 90 minute head start.
http://10k.mmxivcoin.com/block/00000000001c7995ded40d4c59a48cffbf2230fc95885e46d636f96647df9b13

Yea it was me, to get a checkpoint in and make sure the server was working. It's what people who know what they are doing do

You are just proving you don't know what a ponzi is, or you are just trolling. Either way, not worth the time. It was more than fair. Fuck off

Code:

10	2015-02-02 04:50:29	1	1	240.785	10	0.0071875	185.202	0%
9	2015-02-02 04:50:11	1	1	240.73	9	0.00777778	185.202	0%
8	2015-02-02 04:50:00	1	1	240.657	8	0.00862269	185.201	0%
7	2015-02-02 04:49:55	1	1	240.657	7	0.00980324	185.201	0%
6	2015-02-02 04:50:11	1	1	240.64	6	0.0116204	185.202	0%
5	2015-02-02 04:49:46	1	1	240.63	5	0.0136574	185.201	0%
4	2015-02-02 04:49:19	1	1	240.561	4	0.0167593	185.201	0%
3	2015-02-02 04:49:13	1	1	240.968	3	0.0222801	185.201	0%
2	2015-02-02 04:46:16	1	1	256.003	2	0.0313773	185.199	0%
1	2015-02-02 03:15:53	1	1	256.003	1	0	185.136	 

One block with no premine to get a checkpoint in and you are whining? Honestly, it makes me feel good that you expect nothing but absolute perfection from me at this point, which is exactly what you are getting. Your plan has backfired and my ego is now enlarged

[emmnazady]

Wow a legendary member that cannot tell the difference between a ponzi and Pos coin. you do know that a ponzi filters money to the top yeah? and people have to keep buying in to pay members of the ponzi. 10k is nothing like this at all lmao.
what have you been doing with all the time it takes become a so called "legend" certainly not studying different types of proof of work/ stake etc.
im amazed

Wtf are you talking about ? lol

Get rich scheme.. .ponzi... there is little to no difference between the two. eg. If no one buys your PoW or PoS crypto fiat, the ponzi/scheme will die.

Btw, did anyone else notice the timestamp from block 1 ? It appears that someone gave themselves a 90 minute head start.
http://10k.mmxivcoin.com/block/00000000001c7995ded40d4c59a48cffbf2230fc95885e46d636f96647df9b13

Yea it was me, to get a checkpoint in and make sure the server was working. It's what people who know what they are doing do

You are just proving you don't know what a ponzi is, or you are just trolling. Either way, not worth the time. It was more than fair. Fuck off

Code:

10	2015-02-02 04:50:29	1	1	240.785	10	0.0071875	185.202	0%
9	2015-02-02 04:50:11	1	1	240.73	9	0.00777778	185.202	0%
8	2015-02-02 04:50:00	1	1	240.657	8	0.00862269	185.201	0%
7	2015-02-02 04:49:55	1	1	240.657	7	0.00980324	185.201	0%
6	2015-02-02 04:50:11	1	1	240.64	6	0.0116204	185.202	0%
5	2015-02-02 04:49:46	1	1	240.63	5	0.0136574	185.201	0%
4	2015-02-02 04:49:19	1	1	240.561	4	0.0167593	185.201	0%
3	2015-02-02 04:49:13	1	1	240.968	3	0.0222801	185.201	0%
2	2015-02-02 04:46:16	1	1	256.003	2	0.0313773	185.199	0%
1	2015-02-02 03:15:53	1	1	256.003	1	0	185.136	 

One block with no premine to get a checkpoint in and you are whining? Honestly, it makes me feel good that you expect nothing but absolute perfection from me at this point, which is exactly what you are getting. Your plan has backfired and my ego is now enlarged

10000000000 +++++++ for dev 

[Hippie Tech]

Wow a legendary member that cannot tell the difference between a ponzi and Pos coin. you do know that a ponzi filters money to the top yeah? and people have to keep buying in to pay members of the ponzi. 10k is nothing like this at all lmao.
what have you been doing with all the time it takes become a so called "legend" certainly not studying different types of proof of work/ stake etc.
im amazed

Wtf are you talking about ? lol

Get rich scheme.. .ponzi... there is little to no difference between the two. eg. If no one buys your PoW or PoS crypto fiat, the ponzi/scheme will die.

Btw, did anyone else notice the timestamp from block 1 ? It appears that someone gave themselves a 90 minute head start.
http://10k.mmxivcoin.com/block/00000000001c7995ded40d4c59a48cffbf2230fc95885e46d636f96647df9b13

Yea it was me, to get a checkpoint in and make sure the server was working. It's what people who know what they are doing do

You are just proving you don't know what a ponzi is, or you are just trolling. Either way, not worth the time. It was more than fair. Fuck off

Code:

10	2015-02-02 04:50:29	1	1	240.785	10	0.0071875	185.202	0%
9	2015-02-02 04:50:11	1	1	240.73	9	0.00777778	185.202	0%
8	2015-02-02 04:50:00	1	1	240.657	8	0.00862269	185.201	0%
7	2015-02-02 04:49:55	1	1	240.657	7	0.00980324	185.201	0%
6	2015-02-02 04:50:11	1	1	240.64	6	0.0116204	185.202	0%
5	2015-02-02 04:49:46	1	1	240.63	5	0.0136574	185.201	0%
4	2015-02-02 04:49:19	1	1	240.561	4	0.0167593	185.201	0%
3	2015-02-02 04:49:13	1	1	240.968	3	0.0222801	185.201	0%
2	2015-02-02 04:46:16	1	1	256.003	2	0.0313773	185.199	0%
1	2015-02-02 03:15:53	1	1	256.003	1	0	185.136	 

One block with no premine to get a checkpoint in and you are whining? Honestly, it makes me feel good that you expect nothing but absolute perfection from me at this point, which is exactly what you are getting. Your plan has backfired and my ego is now enlarged

Its not just one block. Block 1000 was minted 22 minutes after launch. AMAZING !
http://10k.mmxivcoin.com/block/000000009819f23be00eac9e3e6d0f579248f2328c2605a005aab31a6fa3b30c

Who ever bought some or all of those instamined cryptofiat shitcoins, is now looking for someone else to feed thier fat bagholding ass.

Ponzi.. get rich quick scheme.. cloned garbage .. call it what you will. They all smell like shit to us.

[Repunza]

Wow a legendary member that cannot tell the difference between a ponzi and Pos coin. you do know that a ponzi filters money to the top yeah? and people have to keep buying in to pay members of the ponzi. 10k is nothing like this at all lmao.
what have you been doing with all the time it takes become a so called "legend" certainly not studying different types of proof of work/ stake etc.
im amazed

Wtf are you talking about ? lol

Get rich scheme.. .ponzi... there is little to no difference between the two. eg. If no one buys your PoW or PoS crypto fiat, the ponzi/scheme will die.

Btw, did anyone else notice the timestamp from block 1 ? It appears that someone gave themselves a 90 minute head start.
http://10k.mmxivcoin.com/block/00000000001c7995ded40d4c59a48cffbf2230fc95885e46d636f96647df9b13

Yea it was me, to get a checkpoint in and make sure the server was working. It's what people who know what they are doing do

You are just proving you don't know what a ponzi is, or you are just trolling. Either way, not worth the time. It was more than fair. Fuck off

Code:

10	2015-02-02 04:50:29	1	1	240.785	10	0.0071875	185.202	0%
9	2015-02-02 04:50:11	1	1	240.73	9	0.00777778	185.202	0%
8	2015-02-02 04:50:00	1	1	240.657	8	0.00862269	185.201	0%
7	2015-02-02 04:49:55	1	1	240.657	7	0.00980324	185.201	0%
6	2015-02-02 04:50:11	1	1	240.64	6	0.0116204	185.202	0%
5	2015-02-02 04:49:46	1	1	240.63	5	0.0136574	185.201	0%
4	2015-02-02 04:49:19	1	1	240.561	4	0.0167593	185.201	0%
3	2015-02-02 04:49:13	1	1	240.968	3	0.0222801	185.201	0%
2	2015-02-02 04:46:16	1	1	256.003	2	0.0313773	185.199	0%
1	2015-02-02 03:15:53	1	1	256.003	1	0	185.136	 

One block with no premine to get a checkpoint in and you are whining? Honestly, it makes me feel good that you expect nothing but absolute perfection from me at this point, which is exactly what you are getting. Your plan has backfired and my ego is now enlarged

Its not just one block. Block 1000 was minted 22 minutes after launch. AMAZING !
http://10k.mmxivcoin.com/block/000000009819f23be00eac9e3e6d0f579248f2328c2605a005aab31a6fa3b30c

Who ever bought some or all of those instamined cryptofiat shitcoins, is now looking for someone else to feed thier fat bagholding ass.

Ponzi.. get rich quick scheme.. cloned garbage .. call it what you will. They all smell like shit to us.

Dude why are you even here on this thread? No one has come messing with you. So why come here messing with us. We are fine here. Thanks

[foolio]

Give me one good reason why I should consider this to be any different than that mountain of craptsy sponsered shit sitting over there.

You ponzi pushers have no shame !

To say staking is a ponzi shows a clear lack of understanding what a ponzi actually is

Who collects funds? Who pays out interest? Nobody. The blockchain will not run out of coins, which is why all ponzis fail

Also, I wish I could get rid of this pool of human filth's avatar

Pardon the knee jerk reaction but all I'm seeing is yet another game of "musical bagholders".

Isn't that all of crypto in a nutshell?

The definition of a ponzi includes the critical element: 'promise of ROI', yet that word gets tossed toward any project claiming a potential yield high enough to offend people's sensibilities. Bitcoin itself is called a ponzi all the time, and yes "knee jerk" is an apt description. This is unfortunate, especially considering we increasingly live in a world with out of control law enforcement who will happily nail anyone's ass to the wall if there is money to grab and they think there is a chance public sentiment will permit it (or even if they don't in many cases). Personally I would rather live in a world where ponzi operators did not face harsh penalties and people were expected to assume personal responsibility for their own money by bearing the losses of their own mistakes... what a concept eh? Probably won't happen as long as everyone is having fun playing the blame game with knee jerk reactions though.

I think this coin is called an experiment for a reason. There is no fraud (promises being made), everyone can look at what's going on, and knows what they are getting into here.

Myself, I like this experiment and the other high POS coins. I wouldn't recommend anyone to put their life savings in them, however my own risk/reward analysis with these coins is that it's worth investing perhaps a small amount or play some swings and freeroll with a bit to stake, which is what I have done with mmxiv and 10k.

[timmyd]

Mr legend must also think btc is a ponzi sceme aswell then. because miners are mining and selling to peeps for fiat. If btc buys dry up its game over. you sir just joined the whole crypto is a ponzi crowd in my book. good day to you and your rep. i have no time for missinformed ponzi shouters. peace

edit

Igotspots you are obviously doing sometging right as the naysayers and fudders have now entered the room. keep goin dude