Topic: [ANN] 10k Coin | Now with 10% PoS and 10000% Superblocks | 10k/MMXIV Market OPEN - page 145. (Read 186744 times)
February 18, 2015, 07:33:47 AM
This is the most fun coin that has ever been produced IMO, I do think there is some future things in store for 10K as it initially was only intended as an experiment, imagine what the Final Product will be like
February 18, 2015, 07:32:33 AM
But in the first page it is indicated that best way to stake is to reset coin age to 0 after receiving one
Nothing wrong with that as you have an hour before your coins mature again. If you move them at the beginning of that hour then your whole stack should stake again next time. I prefer it clean. I dont know however if coins with higher coinage like 10 days or so get some kind of VIP status. Perhaps the dev can answer that if coins with a coinage of 1 day is equal to coins with a coinage of 15 days. If it is the same then you can just as well move everything after each stake.
Do you know anything about future developments for this coin? Or will it remain this way? Hope the future of this coin isnt similar with balls going down to 100 sat
- Buy support that is smaller than sells
Not really, there's 7 BTC in buys in as many orders as 2 BTC worth of sells on Bittrex
The equilibrium of buys and sells is where the price remains stable. If the price goes lower, then buy support is less than sells.
February 18, 2015, 07:29:57 AM
But in the first page it is indicated that best way to stake is to reset coin age to 0 after receiving one
Nothing wrong with that as you have an hour before your coins mature again. If you move them at the beginning of that hour then your whole stack should stake again next time. I prefer it clean. I dont know however if coins with higher coinage like 10 days or so get some kind of VIP status. Perhaps the dev can answer that if coins with a coinage of 1 day is equal to coins with a coinage of 15 days. If it is the same then you can just as well move everything after each stake.
Do you know anything about future developments for this coin? Or will it remain this way? Hope the future of this coin isnt similar with balls going down to 100 sat
- Buy support that is smaller than sell support
Not really, there's 7 BTC in buys in as many orders as 2 BTC worth of sells on Bittrex
February 18, 2015, 07:27:30 AM
But in the first page it is indicated that best way to stake is to reset coin age to 0 after receiving one
Nothing wrong with that as you have an hour before your coins mature again. If you move them at the beginning of that hour then your whole stack should stake again next time. I prefer it clean. I dont know however if coins with higher coinage like 10 days or so get some kind of VIP status. Perhaps the dev can answer that if coins with a coinage of 1 day is equal to coins with a coinage of 15 days. If it is the same then you can just as well move everything after each stake.
Do you know anything about future developments for this coin? Or will it remain this way? Hope the future of this coin isnt similar with balls going down to 100 sat
You have to ask that from igotspots.
One can only speculate on certain fundamentals. Economic principles indicate that over the long term there will be a downward trend in price with a constant high sell pressure. The dev team has to counter that with plans which should include measures to increase the buy support, increase the holding base (number of holders), implement some kind of value and some kind of use. The high stake is a good incentive to hold but only up to a point. The dev team must come up with the plans before that point is reached, wherever the point might be, otherwise the coin would implode.
Currently the big ticket items in 10K's favor are:
- High stake causing people to increase their holdings enough to sell off just enough to generate a steady income stream.
- Fast transaction times
Big ticket items against 10K are:
- High inflation causing high sell pressure. The saving grace so far for 10K is that due to hman nature holders want more coins and are building their base, banking on future plans creating enough buy support for them to sell into
- Relatively small holding base currently
- Buy support that is smaller than sells
From this you can make your own decisions about the future of the coin or wether to get involved or not.
February 18, 2015, 07:12:54 AM
But in the first page it is indicated that best way to stake is to reset coin age to 0 after receiving one
Nothing wrong with that as you have an hour before your coins mature again. If you move them at the beginning of that hour then your whole stack should stake again next time. I prefer it clean. I dont know however if coins with higher coinage like 10 days or so get some kind of VIP status. Perhaps the dev can answer that if coins with a coinage of 1 day is equal to coins with a coinage of 15 days. If it is the same then you can just as well move everything after each stake.
Coinage matters for amount of coins received from stake
Code:
int64 nSubsidy = nRewardCoinYear * nCoinAge * 33 / (365 * 33 + 8);
February 18, 2015, 07:08:01 AM
But in the first page it is indicated that best way to stake is to reset coin age to 0 after receiving one
Nothing wrong with that as you have an hour before your coins mature again. If you move them at the beginning of that hour then your whole stack should stake again next time. I prefer it clean. I dont know however if coins with higher coinage like 10 days or so get some kind of VIP status. Perhaps the dev can answer that if coins with a coinage of 1 day is equal to coins with a coinage of 15 days. If it is the same then you can just as well move everything after each stake.
Do you know anything about future developments for this coin? Or will it remain this way? Hope the future of this coin isnt similar with balls going down to 100 sat
BALLS development is just now getting back on Track. I would pick some up if i were you...before any major announcement. Balls was trading over 20k at one point =)
February 18, 2015, 06:58:35 AM
But in the first page it is indicated that best way to stake is to reset coin age to 0 after receiving one
Nothing wrong with that as you have an hour before your coins mature again. If you move them at the beginning of that hour then your whole stack should stake again next time. I prefer it clean. I dont know however if coins with higher coinage like 10 days or so get some kind of VIP status. Perhaps the dev can answer that if coins with a coinage of 1 day is equal to coins with a coinage of 15 days. If it is the same then you can just as well move everything after each stake.
Do you know anything about future developments for this coin? Or will it remain this way? Hope the future of this coin isnt similar with balls going down to 100 sat
February 18, 2015, 06:51:44 AM
But in the first page it is indicated that best way to stake is to reset coin age to 0 after receiving one
Nothing wrong with that as you have an hour before your coins mature again. If you move them at the beginning of that hour then your whole stack should stake again next time. I prefer it clean. I dont know however if coins with higher coinage like 10 days or so get some kind of VIP status. Perhaps the dev can answer that if coins with a coinage of 1 day is equal to coins with a coinage of 15 days. If it is the same then you can just as well move everything after each stake.
February 18, 2015, 06:45:10 AM
But in the first page it is indicated that best way to stake is to reset coin age to 0 after receiving one
that is after about 16 days of staking,ifyouare new just keep staking wit one wallet adressOk thanks
February 18, 2015, 06:45:05 AM
My weight was over 100000 today,crazy
February 18, 2015, 06:43:34 AM
But in the first page it is indicated that best way to stake is to reset coin age to 0 after receiving one
that is after about 16 days of staking,ifyouare new just keep staking wit one wallet adress February 18, 2015, 06:41:28 AM
But in the first page it is indicated that best way to stake is to reset coin age to 0 after receiving one
February 18, 2015, 06:39:50 AM
Best way to stake is after receiving my first reward i should send it to new address?
Yes. The whole amount.Your existing address will do just fine too.
i just received my first reward. i transferred my whole 10k to my 2nd address. by doing that did i reset my coinage to 0?
Yes that reset your coinage. If your whole stack staked in one go, all your coins have to mature again so you can just as well move everything out out and back the moment they become available after the stack. When the become sliced up a lot and staking at different times it becomes tricky to move them because you might lose several hours on portions of your coins that have been gaining weight a long time but not yet staked at the time of moving your stash.
February 18, 2015, 06:34:19 AM
Best way to stake is after receiving my first reward i should send it to new address?
Yes. The whole amount.Your existing address will do just fine too.
i just received my first reward. i transferred my whole 10k to my 2nd address. by doing that did i reset my coinage to 0?
you don't have to move them every time you receive a stake reward. only when you stop receiving them or if they start getting really small.
I just send them to the same wallet with a receive address I labelled "refresh"
February 18, 2015, 06:21:37 AM
Best way to stake is after receiving my first reward i should send it to new address?
Yes. The whole amount.Your existing address will do just fine too.
i just received my first reward. i transferred my whole 10k to my 2nd address. by doing that did i reset my coinage to 0?
February 18, 2015, 05:21:47 AM
Best way to stake is after receiving my first reward i should send it to new address?
After receivig rewards,keep staking,do not change adress February 18, 2015, 04:04:37 AM
Best way to stake is after receiving my first reward i should send it to new address?
Yes. The whole amount.Your existing address will do just fine too.
February 18, 2015, 03:20:20 AM
Best way to stake is after receiving my first reward i should send it to new address?
February 18, 2015, 02:21:37 AM
hmmm....maybe i gonna try that way too :/
February 18, 2015, 02:18:28 AM
can someone explain ths to me
Max coinage will be 16 days
Constant staking will never make it to 16 days
To maximize staking yield, reset coinage upon receiving a stake for 0.00
Encourages active, 'manual' minting, while keeping inflation controlled without limiting stake or raising fees. 0 return means you have split as low as you can go. That stake round is over
Six Decimals. Plan accordingly
what do you mean by 16 days.
and how can i reset coin age
what does reset coinage upon receiving a stake mean? is it when i get a reward i should do what to maximize?
Max coinage will be 16 days
Constant staking will never make it to 16 days
To maximize staking yield, reset coinage upon receiving a stake for 0.00
Encourages active, 'manual' minting, while keeping inflation controlled without limiting stake or raising fees. 0 return means you have split as low as you can go. That stake round is over
Six Decimals. Plan accordingly
what do you mean by 16 days.
and how can i reset coin age
what does reset coinage upon receiving a stake mean? is it when i get a reward i should do what to maximize?
Well said up to just before your questions at the end.
Regarding your questions - coinage is how long your coins have been in your wallet without being moved to another address. When coinage gets to 1 hour your coins become mature and are eligible for staking. When coinage gets to 16 days it stops being eligible for staking. Resetting coinage means sending your coins to another address and sending it back again so that the coinage is reset to 0. After 1 our it starts staking again and so the cycle continues. You have to find the optimal way of moving your coins manually at the right times to ensure you get the maximum stake. The chances are high that you will get to 0.00 stake long before the 16 days are over, meaning that you have to move your coins to reset the coinage long before the 16 days are over.
To reset your coinage therefore, send it to another address and back. I send coins to another wallet and back. Others say they send it to another address in the same wallet - I am just old school.
What about sending them at the exact same address, i.e. yourself? Seems to work for the last PoS coin I held
I personally wouldn't know as I always create new addresses inside my wallet so I always have 2+ different addresses inside the same wallet.dat of various coins.
I like to play it safe and just create a new address to send to myself or receive.
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