It's worth remembering that keeping your coins on an exchange is giving your PoS interest away to the exchange. Just a friendly reminder
Yes I was thinking the same yesterday and that's why I transferred back all my coins to my wallet and in mean while I got a doubt why cant we create a pool for POS coins too ? like not for mining , for staking ? wont that be profitable ? hope you got my point
I'm not sure if I follow your logic, I think I'm missing something. Your coins stake naturally in whatever wallet they find themselves in. There would be no real point to putting your coins in someone else's hands, you wouldn't get any more interest from it, but you'd lose the security of managing your own coins. After all, personal responsibility over your own security is what crypto is all about!
that's correct keeping your coin in trading platform just giving them the rewards in staking instead of you getting it from what you stake, the more rewards they receive the more power they have to dump the value of this hard work coin and the more traders will come and take opportunities, so instead of just storing it and no assurance that any moment the site will goes down I think dev just want us to keep our own wallet and stake helping the coin to grow and helping the community to rise.
What I'd like to see is people engaging with the fantastic FollowMyVote community, as it's a landmark partnership We've forged and the work they're doing is literally going to change the world. I know not everyone is interested in politics, and there are a lot of disenfranchised eligible voters out there who will simply not put the effort into voting, but it remains the last bastion of control for the people over their rulers. To squander that gift is akin to throwing away a pale of water in a burning building. When you can vote in a national election as easy as you can tweet from your phone, things will change. Politicians only cater to their voters, if you're not going to vote anyways, they really don't care about you. Look at how much attention social security gets, you think that's a miscalculation on anyone's part? No. It's simply because old people vote. If you want to have your voice heard, and if we can help tap into the HUGE unvoting minorities out there with a platform of simplicity, security, and total transparency, then it will change the game forever. Say good bye to voter suppression, say goodbye to erronious voting counts, and faulty voting machines. Everyone could simply look at the blockchain and see with supreme clarity exactly what is going on. This will upset the establishment more than anything in recent history, and BillaryCoin is proud to be a part of it.
If you haven't already, go to
https://followmyvote.com/code-contributors/ to see how you can be a part of history.
And yes, you are free to keep your coins where ever you wish, I just want people to make informed decisions, as keeping them on an exchange will result in you forfeiting the interest. It only takes 2-3 minutes for your coins to be deposited back on an exchange, try it! Our network is lightning fast. As for the rest, I've requested our coin to be put on C-Cex, so once that goes through, we'll have some place to vote to get us listed on more exchanges. That being said, our first partner, NovaExchange is due to come back online in a few days, so watch out for that.