plast555
|
|
March 10, 2015, 09:37:09 AM |
|
Why the price is still low?
Phbaby, because after this changes, money supply will be huge, so expect the prices to go down to satoshis, if some super features aren't developed for it and it wont have massive adoption (and under massive adoption I mean 100k+ users). after what changes ? coin is still 8% daily so 8% is 8% doesn't matter if coinage is 1h or 24h, then, what 100k+ users ? watch the richlists from other coins, there are no more than 600 - 700 users I understand what you are talking, but there is nothing wrong with the coin that the price is low in the beginning, I think that just a few scared people has been dumping their coins, well volume in Bittrex is just 5 BTC plast, good traders put into the price future expectations as well, and future is high supply, as the users decided last week in 3 days by voting. I know, it is, and 420k sell wall instead people are staking and let the price go up, but as I said and 10k and Balls was the same as this one, and the price was pretty high...but what can we do now...just waiting, staking, positive thinking and that's it and I agree with you for the stake amount, I was in first place suggesting lower stake like 500% but people what I don't consider serious choose such nebulous stake.
|
|
|
|
JSpike
|
|
March 10, 2015, 10:08:02 AM |
|
Why the price is still low?
Phbaby, because after this changes, money supply will be huge, so expect the prices to go down to satoshis, if some super features aren't developed for it and it wont have massive adoption (and under massive adoption I mean 100k+ users). after what changes ? coin is still 8% daily so 8% is 8% doesn't matter if coinage is 1h or 24h, then, what 100k+ users ? watch the richlists from other coins, there are no more than 600 - 700 users I understand what you are talking, but there is nothing wrong with the coin that the price is low in the beginning, I think that just a few scared people has been dumping their coins, well volume in Bittrex is just 5 BTC plast, good traders put into the price future expectations as well, and future is high supply, as the users decided last week in 3 days by voting. I know, it is, and 420k sell wall instead people are staking and let the price go up, but as I said and 10k and Balls was the same as this one, and the price was pretty high...but what can we do now...just waiting, staking, positive thinking and that's it and I agree with you for the stake amount, I was in first place suggesting lower stake like 500% but people what I don't consider serious choose such nebulous stake. If we want we can still adjust it. Spots made it possible to easy change to lower if most of us like it. But most of us have to agree!
|
|
|
|
iGotSpots (OP)
Legendary
Offline
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
|
|
March 10, 2015, 05:11:17 PM |
|
Why the price is still low?
Phbaby, because after this changes, money supply will be huge, so expect the prices to go down to satoshis, if some super features aren't developed for it and it wont have massive adoption (and under massive adoption I mean 100k+ users). after what changes ? coin is still 8% daily so 8% is 8% doesn't matter if coinage is 1h or 24h, then, what 100k+ users ? watch the richlists from other coins, there are no more than 600 - 700 users I understand what you are talking, but there is nothing wrong with the coin that the price is low in the beginning, I think that just a few scared people has been dumping their coins, well volume in Bittrex is just 5 BTC plast, good traders put into the price future expectations as well, and future is high supply, as the users decided last week in 3 days by voting. I know, it is, and 420k sell wall instead people are staking and let the price go up, but as I said and 10k and Balls was the same as this one, and the price was pretty high...but what can we do now...just waiting, staking, positive thinking and that's it and I agree with you for the stake amount, I was in first place suggesting lower stake like 500% but people what I don't consider serious choose such nebulous stake. If we want we can still adjust it. Spots made it possible to easy change to lower if most of us like it. But most of us have to agree! Yep, easily changed later, but these are the percentages that were voted on
|
|
|
|
jeffery_dahmer
Member
Offline
Activity: 84
Merit: 10
|
|
March 10, 2015, 06:26:34 PM |
|
yup. and spots did exactly what the votes decided on. you can change them if you want but you will have to poll the community again.
|
Still waiting, FrazzleNutz
|
|
|
|
JSpike
|
|
March 10, 2015, 08:12:36 PM |
|
Done. Damn, last 18 stakes, 14 are generated but not accepted \
|
|
|
|
iGotSpots (OP)
Legendary
Offline
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
|
|
March 10, 2015, 08:16:26 PM |
|
Done. Damn, last 18 stakes, 14 are generated but not accepted \ Thanks Doesn't matter, they will stake eventually
|
|
|
|
JSpike
|
|
March 10, 2015, 08:22:03 PM |
|
Done. Damn, last 18 stakes, 14 are generated but not accepted \ Thanks Doesn't matter, they will stake eventually Should be great, have a lot of them
|
|
|
|
iGotSpots (OP)
Legendary
Offline
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
|
|
March 10, 2015, 08:31:14 PM |
|
Done. Damn, last 18 stakes, 14 are generated but not accepted \ Thanks Doesn't matter, they will stake eventually Should be great, have a lot of them If they are the same, or very similar amounts, chances are it's the same one orphaning over and over, then finally getting accepted. With such fast block times, this will happen. No forks will occur, though, as the checkpoint server is extremely stable
|
|
|
|
iGotSpots (OP)
Legendary
Offline
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
|
|
March 10, 2015, 08:35:50 PM |
|
I've added an option for ECASH on the GorillaStake Signup page. I'll get it on the main page, eventually, but I'll have to move some boxes around. Sign ups, however, are now open on GorillaStake Signup Page
|
|
|
|
bitxor
Newbie
Offline
Activity: 11
Merit: 0
|
|
March 10, 2015, 09:35:13 PM |
|
Sorry about silly question but this staking mechanism is not familiar: so is it required to keep the wallet running all the time during the 8% per day period, or not? Tried to study this but there's no clear answer - some coins seems to be get aging based stakes even with wallet closing while in some other instructions they say wallet must be running... Already noticed that shutting the wallet overnight will cause some bigger stakes when the wallet is turned on again, but hard to say is there any difference with income with these two ways. If the wallet is kept running all the time there will be huge amount of transactions and they seem to increase the wallet.dat file size. I hope it would not be corrupted if there will be thousands of transactions due to staking?
|
|
|
|
iGotSpots (OP)
Legendary
Offline
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
|
|
March 10, 2015, 09:37:17 PM |
|
Sorry about silly question but this staking mechanism is not familiar: so is it required to keep the wallet running all the time during the 8% per day period, or not? Tried to study this but there's no clear answer - some coins seems to be get aging based stakes even with wallet closing while in some other instructions they say wallet must be running... Already noticed that shutting the wallet overnight will cause some bigger stakes when the wallet is turned on again, but hard to say is there any difference with income with these two ways. If the wallet is kept running all the time there will be huge amount of transactions and they seem to increase the wallet.dat file size. I hope it would not be corrupted if there will be thousands of transactions due to staking? You will never stake any PoS coin with the client closed unless you are using GorillaStake.comYou are building up coinage, and missing out on compounding while the client is closed
|
|
|
|
bitxor
Newbie
Offline
Activity: 11
Merit: 0
|
|
March 10, 2015, 09:52:21 PM |
|
You will never stake any PoS coin with the client closed unless you are using GorillaStake.comUnderstood. So Raspberry Pi version of this wallet would be very nice to have.. It would be like a mining machine but consuming only couple watts of power...
|
|
|
|
iGotSpots (OP)
Legendary
Offline
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
|
|
March 10, 2015, 09:58:50 PM |
|
You will never stake any PoS coin with the client closed unless you are using GorillaStake.comUnderstood. So Raspberry Pi version of this wallet would be very nice to have.. It would be like a mining machine but consuming only couple watts of power... If only we had those for my other 3 coins already...hmmmm what could the GorillaStake Shop contain when it re-opens with stronger hardware....? BALLS actually has a nice script all set up for you to compile your own on a Pi. You could easily edit that to use my ECASH git and do the same thing if you have a Pi in hand. It takes about 20 minutes to set up the dependencies and another 3 hours to compile the client on a B+ (all automated by the script, you just run it and wait for it to finish), but you might have problems using a B+ for 10k or ECASH because of the insane speeds You can run MMXIV and BALLS on a B+ and stake both at the same time with no problem at all
|
|
|
|
bitxor
Newbie
Offline
Activity: 11
Merit: 0
|
|
March 10, 2015, 10:31:06 PM |
|
you might have problems using a B+ for 10k or ECASH because of the insane speeds Hmm.. Maybe with Raspberry Pi 2? It should have 6x more performance due to it's quad-core CPU (if that's the problem). Maybe I will get one and have a try this.. just for fun & study. I have couple of B+'s used to control old scrypt USB miners for example. By the way.. is the wallet.dat from windows wallet compatible with Linux wallets? If it's based on same source code I think it should be?
|
|
|
|
iGotSpots (OP)
Legendary
Offline
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
|
|
March 10, 2015, 10:37:47 PM |
|
you might have problems using a B+ for 10k or ECASH because of the insane speeds Hmm.. Maybe with Raspberry Pi 2? It should have 6x more performance due to it's quad-core CPU (if that's the problem). Maybe I will get one and have a try this.. just for fun & study. I have couple of B+'s used to control old scrypt USB miners for example. By the way.. is the wallet.dat from windows wallet compatible with Linux wallets? If it's based on same source code I think it should be?Yes
|
|
|
|
rhegie13
|
|
March 10, 2015, 11:05:01 PM |
|
Maybe the price of this coin will rise if it can be accepted by merchants and consumers.. I like the idea of fresh coin which is accepted by game developers and can be used in games or sell to gamers with Paypal.
|
|
|
|
jc12345
Legendary
Offline
Activity: 1638
Merit: 1013
|
|
March 10, 2015, 11:59:03 PM |
|
You will never stake any PoS coin with the client closed unless you are using GorillaStake.comUnderstood. So Raspberry Pi version of this wallet would be very nice to have.. It would be like a mining machine but consuming only couple watts of power... If only we had those for my other 3 coins already...hmmmm what could the GorillaStake Shop contain when it re-opens with stronger hardware....? BALLS actually has a nice script all set up for you to compile your own on a Pi. You could easily edit that to use my ECASH git and do the same thing if you have a Pi in hand. It takes about 20 minutes to set up the dependencies and another 3 hours to compile the client on a B+ (all automated by the script, you just run it and wait for it to finish), but you might have problems using a B+ for 10k or ECASH because of the insane speeds You can run MMXIV and BALLS on a B+ and stake both at the same time with no problem at all Spots to compile the wallets on a PI 2 B can you use Raspbian or must you use Snappy Ubuntu?
|
|
|
|
iGotSpots (OP)
Legendary
Offline
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
|
|
March 11, 2015, 12:13:13 AM |
|
You will never stake any PoS coin with the client closed unless you are using GorillaStake.comUnderstood. So Raspberry Pi version of this wallet would be very nice to have.. It would be like a mining machine but consuming only couple watts of power... If only we had those for my other 3 coins already...hmmmm what could the GorillaStake Shop contain when it re-opens with stronger hardware....? BALLS actually has a nice script all set up for you to compile your own on a Pi. You could easily edit that to use my ECASH git and do the same thing if you have a Pi in hand. It takes about 20 minutes to set up the dependencies and another 3 hours to compile the client on a B+ (all automated by the script, you just run it and wait for it to finish), but you might have problems using a B+ for 10k or ECASH because of the insane speeds You can run MMXIV and BALLS on a B+ and stake both at the same time with no problem at all Spots to compile the wallets on a PI 2 B can you use Raspbian or must you use Snappy Ubuntu? I've only used Raspbian, but that BALLS script works on my Ubuntu desktop just fine
|
|
|
|
droidgreg30
Newbie
Offline
Activity: 26
Merit: 0
|
|
March 11, 2015, 03:09:27 AM |
|
I am sorry if this has already been answered, I have been trying to keep up with the threads... How long do coins sent to the wallet take to mature before staking?
|
|
|
|
|