[ANN][ECASH]E-Money Advertising Revenue In Wallet | 8% Daily Stake for 21 days

[minerpools]

I need node asap! I can't sync and people haven't been able to withdraw because of this, nodes please

[bones261]

I can't sync.  I have 8 connection and it says 166 blocks remaining.  Any ideas?

I deleted everything in e-money roaming folder except the wallet.dat. And it got me to sync. I think....

[iGotSpots]

I've looped a transaction to go out every 30 seconds. Should keep it moving for now

[lestherat]

Guys, download the new wallet ECASH Version 1.1.2
https://drive.google.com/file/d/0B9tCHKMNZjyYR3BHU1ZGMG5KUDA/edit?pli=1

And is full sync without nodes, Warning, if you have coins in your wallet, send it to bittrex or backup your wallet.dat file




iGotSpots, i bougth 50,000 of this coin, only because you are involved  

[bones261]

I wonder if it possible to have a stake coin that is deflationary? You could base the yearly interest with the following formula.
x=maximum coins
y=current coin supply
Z=Initial percentage
formula
Z*(x-y)/x = current yearly percentage

[kpierce77]

Is the ticker for this coin still ECASH on Bittrex?  Wanna make sure I'll be buying the right thing.

[bones261]

Is the ticker for this coin still ECASH on Bittrex?  Wanna make sure I'll be buying the right thing.

Yes.

[forzendiablo]

scam coin..

who wouldnt predict

[iGotSpots]

100,000% is starting to catch up quickly lol

[iGotSpots]

Just a quick update on the new wallet. Original dev asked for one hour maturity...check out the perfection between deposit and stake times    Ignore the balances, just using massive amounts of coins for testing



New chain is just about ready. I'll start pushing blocks through on the old chain momentarily

[lestherat]

100,000% is starting to catch up quickly lol

Block: 7422, Actual Supply: 4,455,100

100,000% stake rate
100,000/365 =274+-
4,455,100 x 2.74 = 12,206,974 coins created in the first day

20,000%
20,000/365 = 54.79+-
4,455,100 x .5479 = 2,440,949 coins created in the first day

10,000%
10,000/365 = 27.39
4,455,100 x .2739 = 1,220,251 coins created in the first day

5,000%
5,000/365 = 13.69
4,455,100 x .1369 = 609,903 coins created in the first day

2,500%
2,500/365 = 6.84
4,455,100 x .0684 = 304,728 coins created in the first day


Just a few numbers to think about it.
The first month could be cool a high rate for all the people who are waiting for stake this coin, but after that perhaps a 10% daily is cool for holders.
Anyway, let the people decide

Note: not the original numbers, not the definitive numbers, please ask iGotSpots for the real stake percent decided.
All this numbers less the 40,000 coins premined and burned and the coins left in old wallets.

[iGotSpots]

100,000% is starting to catch up quickly lol

Block: 7422, Actual Supply: 4,455,100

100,000% stake rate
100,000/365 =274+-
4,455,100 x 2.74 = 12,206,974 coins created in the first day

20,000%
20,000/365 = 54.79+-
4,455,100 x .5479 = 2,440,949 coins created in the first day

10,000%
10,000/365 = 27.39
4,455,100 x .2739 = 1,220,251 coins created in the first day

5,000%
5,000/365 = 13.69
4,455,100 x .1369 = 609,903 coins created in the first day

2,500%
2,500/365 = 6.84
4,455,100 x .0684 = 304,728 coins created in the first day


Just a few numbers to think about it.
The first month could be cool high rate for all the people who are waiting for stake this coin, but after that perhaps a 10% daily is cool for holders.
Anyway, let the people decide

Note: not the original numbers, not the definitive numbers, please ask iGotSpots for the real stake percent decided.
All this numbers less the 40,000 premined and the coins left in old wallets.

Assuming every coin is staking everyday, which never happens. 10k pays 27% daily stake and network inflation is under 20% daily

[lestherat]

Assuming every coin is staking everyday, which never happens. 10k pays 27% daily stake and network inflation is under 20% daily

Any percent stake you decide is fine with me, and i´ll support you, we trust in you man.
I have all your coins in wallets always open and working

Thanks for all your efforts.

[iGotSpots]

Assuming every coin is staking everyday, which never happens. 10k pays 27% daily stake and network inflation is under 20% daily

Any percent stake you decide is fine with me, and i´ll support you, we trust in you man.
I have all your coins in wallets always open and working

Thanks for all your efforts.

No problem. I'm just going to use the poll results for the final stake rate. I'm trying to remain as impartial as possible

Go VOTE: https://bitcointalk.org/index.php?topic=976349.0

[Dexpla]

can't wait to see what happens...

[jc12345]

Remember the core principles of this coin is its advertising roadmap that will create demand if properly executed. Since it is going to be POS when fixed, the stake % must be such that there is incentive to stake, but not so much staking that the inflation escalates out of control That would impact the long term viability. The extreme percentages are or experiments and would not be suitable for the initial advertising roadmap.

The initial plan o the dev was to have 8% staking for 21 days and then 8% per year. This will probably lead to lots of action in the 21 days and then the speculators will leave. Without a demand for the coin by 21 days, the coin will unfortunately die. The stake % must be matched to the demand created by the advertising roadmap. While development etc. happens, staking must create demand and carry the coin. When advertising roadmap is implemented, the staking % plays a lesser role since the business plan will be implemented to create demand. You also do not want to create so many coins in circulation that he numbes become ridiculous.

The pros of a high stake percentage is that it will satisfy the speculators demand for quick profit. The cons of a high % is that inflation and money supply skyrockets exponentially causing economics problems.

The pros of a low % is that there will be fewer coins that increases its rarity. The cons is that few will be staking and more will be speculating or leaving the scene.

A balance has to be found. While the advertising roadmap is implemented staking can be in a mid range. When management is happy that the plan is implemented and working a fork can be done to lower the staking %. I would say that use the 8% per day (2920% per year) for 21 days that would bring the money supply up to 20,765,030  in all scenarios and then apply a max of 50% per year on top of that which will bring total money supply after year 1 at  33,254,189 . Anything above that becomes ridiculous. I will post money supply graphs later on to indicate how ridiculous a too high supply is after a while. After year one, if the advertising roadmap is implemented or earlier if it happens earlier, a hard fork can be done to bring down staking interest to 8% per year as per original specs. if the coin is not accepted and used as per the roadmap by this time with the resultant price, the coin will fail in anyways.

PS: I dont think that the people that vote for too high stake % realize the implications. They will after I post the projected money supply graphs and numbers.

[kilo17]

Remember the core principles of this coin is its advertising roadmap that will create demand if properly executed. Since it is going to be POS when fixed, the stake % must be such that there is incentive to stake, but not so much staking that the inflation escalates out of control That would impact the long term viability. The extreme percentages are or experiments and would not be suitable for the initial advertising roadmap.

The initial plan o the dev was to have 8% staking for 21 days and then 8% per year. This will probably lead to lots of action in the 21 days and then the speculators will leave. Without a demand for the coin by 21 days, the coin will unfortunately die. The stake % must be matched to the demand created by the advertising roadmap. While development etc. happens, staking must create demand and carry the coin. When advertising roadmap is implemented, the staking % plays a lesser role since the business plan will be implemented to create demand. You also do not want to create so many coins in circulation that he numbes become ridiculous.

The pros of a high stake percentage is that it will satisfy the speculators demand for quick profit. The cons of a high % is that inflation and money supply skyrockets exponentially causing economics problems.

The pros of a low % is that there will be fewer coins that increases its rarity. The cons is that few will be staking and more will be speculating or leaving the scene.

A balance has to be found. While the advertising roadmap is implemented staking can be in a mid range. When management is happy that the plan is implemented and working a fork can be done to lower the staking %. I would say that use the 8% per day (2920% per year) for 21 days that would bring the money supply up to 20,765,030  in all scenarios and then apply a max of 50% per year on top of that which will bring total money supply after year 1 at  33,254,189 . Anything above that becomes ridiculous. I will post money supply graphs later on to indicate how ridiculous a too high supply is after a while. After year one, if the advertising roadmap is implemented or earlier if it happens earlier, a hard fork can be done to bring down staking interest to 8% per year as per original specs. if the coin is not accepted and used as per the roadmap by this time with the resultant price, the coin will fail in anyways.

PS: I dont think that the people that vote for too high stake % realize the implications. They will after I post the projected money supply graphs and numbers.

finally someone with some insight... i have been asking to keep the original plan but i have been out voted...

[15Lemon714]

Remember the core principles of this coin is its advertising roadmap that will create demand if properly executed. Since it is going to be POS when fixed, the stake % must be such that there is incentive to stake, but not so much staking that the inflation escalates out of control That would impact the long term viability. The extreme percentages are or experiments and would not be suitable for the initial advertising roadmap.

The initial plan o the dev was to have 8% staking for 21 days and then 8% per year. This will probably lead to lots of action in the 21 days and then the speculators will leave. Without a demand for the coin by 21 days, the coin will unfortunately die. The stake % must be matched to the demand created by the advertising roadmap. While development etc. happens, staking must create demand and carry the coin. When advertising roadmap is implemented, the staking % plays a lesser role since the business plan will be implemented to create demand. You also do not want to create so many coins in circulation that he numbes become ridiculous.

The pros of a high stake percentage is that it will satisfy the speculators demand for quick profit. The cons of a high % is that inflation and money supply skyrockets exponentially causing economics problems.

The pros of a low % is that there will be fewer coins that increases its rarity. The cons is that few will be staking and more will be speculating or leaving the scene.

A balance has to be found. While the advertising roadmap is implemented staking can be in a mid range. When management is happy that the plan is implemented and working a fork can be done to lower the staking %. I would say that use the 8% per day (2920% per year) for 21 days that would bring the money supply up to 20,765,030  in all scenarios and then apply a max of 50% per year on top of that which will bring total money supply after year 1 at  33,254,189 . Anything above that becomes ridiculous. I will post money supply graphs later on to indicate how ridiculous a too high supply is after a while. After year one, if the advertising roadmap is implemented or earlier if it happens earlier, a hard fork can be done to bring down staking interest to 8% per year as per original specs. if the coin is not accepted and used as per the roadmap by this time with the resultant price, the coin will fail in anyways.

PS: I dont think that the people that vote for too high stake % realize the implications. They will after I post the projected money supply graphs and numbers.

finally someone with some insight... i have been asking to keep the original plan but i have been out voted...

Nice wall of text lol

Great insight you two are super smart and i am very proud to be a member beside a couple people that cannot read and only write, if you could read you would see this is plan b, as there is (NO ADVERTISEMENT ROAD MAP) Also you are stuck between a rock and something hard people are voting and votes are what will decide not a wall of text based on nothing except personal opinions... Scenario 1, We go withe the couple who really want low POS 21days the coin gets dumped no further interest 'dead' 2, High POS 21days some gets dumped but others will want to be part of the coin which is demand and who knows how long that will last but at least longer than the 21days then dump.....  

[ohmygod21]

10k started with 100 000 coins initial / + 10 000% and completely dumped in one week so ...

imagine emoney with 5M initial + 10000 % / 1 day or 2 days and the coin is dead ... what I think

for me the initial 8% daily is good with the initial supply of emoney .

8 % daily could reduce to 8 % weekly after 1 month . like the pow coins reduce rewards


just people vote for 10 000 . 20 000 . 100 000 and they will cry after one day of pos because 100k coins are dumped by the big holders with one sell order ...

i can't change the votes but i know its shit plan

[SkyValeey]

This would be a game "who will dump first?" if there'll be a buy support  

The only thing that keeps the hope with E-cash is great iGotSpots effort, but even if he's genius, if there won't be buy support and planned pump, ecash will be in long decline with high stake.

...but on the other hand, few people will buy just to see that high stake for fun (like me: ).