Topic: [ANN] Dreamcoin [DRM] - X11 - PoW/PoS - Poloniex - Bittrex ~ 15% PoS! - page 63. (Read 100387 times)
May 13, 2014, 03:10:23 PM
Is DRM in only PoS now?
May 13, 2014, 02:54:28 PM
May 13, 2014, 02:53:23 PM
I've just minted 0.13928557 my 1st pos block so does this mean the total number of POW coins will be reduced?
May 13, 2014, 02:49:49 PM
how long until POW is over
May 13, 2014, 02:44:50 PM
Just unlock the wallet and it will start the staking process automatically.
Thanks!
May 13, 2014, 02:44:14 PM
Is this coin still in the POW phase or is it POS yet? I'm looking to buy some.
It is both. POW until block 10,000. POS has kicked in starting at block 8000.
Sounds good thanks!
May 13, 2014, 02:40:34 PM
Is this coin still in the POW phase or is it POS yet? I'm looking to buy some.
It is both. POW until block 10,000. POS has kicked in starting at block 8000.
May 13, 2014, 02:36:08 PM
Is this coin still in the POW phase or is it POS yet? I'm looking to buy some.
May 13, 2014, 02:30:43 PM
May 13, 2014, 02:22:45 PM
Stake is working just as expected. Another step in the right direction.
Now for my dream:
I want to run a quick compare of DRM to one of my favorite older coins, HoboNickels. I mined HBN from the start and manged to get a decent amount of them over a period of time. HBN last summer sometime were worth less than $0.02 today they trade consistently in the 30,000 satoshi range or $0.13 range and have been as high as 50,000 satoshi recently.
Now the interesting part to me is the cap on HBN is 120,000,000 coins. Granted the current money supply is only 4,354,952 so we will work with that number.
DRM will have only around 1,800,000 total coins from POW. That means that HBN already has 240% more coins minted than DRM will ever have minted via POW and HBN is selling for 30,000 satoshi and doing very well. Granted HBN is more mature and has several things in place that DRM does not have. HBN by the way has a great developer, Tranz, who is very active and helpful. The HBN wallet is something that other developers of POS coins should use as an example (great job Tranz). My HBN are a long term hold.
So, back to DRM, using the above info if you adjust DRM for the # of coin difference it should be trading at around 240% of HBN. But, as it does not have all the uses in place yet, let's use 150%. That would put DRM at 45,000 satoshi.
Now the real kicker, DRM will be done with POW at 1,800,000 coins, HBN will be issuing another 100,000,000+ coins. Also, DRM pays 15% on stake HBN pays 100% stake. While I REALLY like HBN and will be keeping mine, DRM is way under valued. At this point, even without zerocoin, it looks to me like it should trade at 100,000 satoshi.
Add a multi pool and some basic uses and it goes even higher.
If successful in getting zerocoin implemented I do not even want to guess what the price might be. The sky is the limit. My plan, hold and keep accumulating DRM.
After all a guy has to dream.
Another step in the right direction.Now for my dream:
I want to run a quick compare of DRM to one of my favorite older coins, HoboNickels. I mined HBN from the start and manged to get a decent amount of them over a period of time. HBN last summer sometime were worth less than $0.02 today they trade consistently in the 30,000 satoshi range or $0.13 range and have been as high as 50,000 satoshi recently.
Now the interesting part to me is the cap on HBN is 120,000,000 coins. Granted the current money supply is only 4,354,952 so we will work with that number.
DRM will have only around 1,800,000 total coins from POW. That means that HBN already has 240% more coins minted than DRM will ever have minted via POW and HBN is selling for 30,000 satoshi and doing very well. Granted HBN is more mature and has several things in place that DRM does not have. HBN by the way has a great developer, Tranz, who is very active and helpful. The HBN wallet is something that other developers of POS coins should use as an example (great job Tranz). My HBN are a long term hold.
So, back to DRM, using the above info if you adjust DRM for the # of coin difference it should be trading at around 240% of HBN. But, as it does not have all the uses in place yet, let's use 150%. That would put DRM at 45,000 satoshi.
Now the real kicker, DRM will be done with POW at 1,800,000 coins, HBN will be issuing another 100,000,000+ coins. Also, DRM pays 15% on stake HBN pays 100% stake. While I REALLY like HBN and will be keeping mine, DRM is way under valued. At this point, even without zerocoin, it looks to me like it should trade at 100,000 satoshi.
Add a multi pool and some basic uses and it goes even higher.
If successful in getting zerocoin implemented I do not even want to guess what the price might be. The sky is the limit. My plan, hold and keep accumulating DRM.
After all a guy has to dream.
May 13, 2014, 02:19:12 PM
Sorry for the stupid question coming up.
My wallet is encrypted but I want to steak, how do I go about this? Do I just unlock my wallet or do I have to decrypt it too. Can anyone provide me with simple guide?
Thanks!
My wallet is encrypted but I want to steak, how do I go about this? Do I just unlock my wallet or do I have to decrypt it too. Can anyone provide me with simple guide?
Thanks!
Just unlock the wallet and it will start the staking process automatically.
May 13, 2014, 02:12:33 PM
Just got my first stake payment!
How long did it take before your coins staked?
About 30 minutes.
May 13, 2014, 02:10:10 PM
Just have recieved my first stake.
Amazing!!!
Amazing!!!
May 13, 2014, 02:05:54 PM
hey i cannot open mac wallet, dev could you help?
What seems to be your issue?
Code:
Crashed Thread: Unknown
Exception Type: EXC_BAD_ACCESS (SIGSEGV)
Exception Codes: KERN_INVALID_ADDRESS at 0x00007fff5fc01028
Backtrace not available
Unknown thread crashed with X86 Thread State (64-bit):
rax: 0x0000000000000055 rbx: 0x0000000000000000 rcx: 0x0000000000000000 rdx: 0x0000000000000000
rdi: 0x0000000000000000 rsi: 0x0000000000000000 rbp: 0x0000000000000000 rsp: 0x0000000000000000
r8: 0x0000000000000000 r9: 0x0000000000000000 r10: 0x0000000000000000 r11: 0x0000000000000000
r12: 0x0000000000000000 r13: 0x0000000000000000 r14: 0x0000000000000000 r15: 0x0000000000000000
rip: 0x00007fff5fc01028 rfl: 0x0000000000010203 cr2: 0x00007fff5fc01028
Logical CPU: 0
Binary images description not available
External Modification Summary:
Calls made by other processes targeting this process:
task_for_pid: 1
thread_create: 0
thread_set_state: 0
Calls made by this process:
task_for_pid: 0
thread_create: 0
thread_set_state: 0
Calls made by all processes on this machine:
task_for_pid: 47521
thread_create: 1
thread_set_state: 0
/code]
May 13, 2014, 02:05:36 PM
Sorry for the stupid question coming up.
My wallet is encrypted but I want to steak, how do I go about this? Do I just unlock my wallet or do I have to decrypt it too. Can anyone provide me with simple guide?
Thanks!
My wallet is encrypted but I want to steak, how do I go about this? Do I just unlock my wallet or do I have to decrypt it too. Can anyone provide me with simple guide?
Thanks!
May 13, 2014, 01:51:23 PM
hey i cannot open mac wallet, dev could you help?
What seems to be your issue?
May 13, 2014, 01:41:32 PM
hey i cannot open mac wallet, dev could you help?
May 13, 2014, 01:25:20 PM
We are in TOP 10 (#9) by daily trading volume now! (CoinMarketCap)
(CoinMarketCap)This is just a start...
May 13, 2014, 01:23:45 PM
We are in TOP 10 (#9) by daily trading volume now! (CoinMarketCap)
(CoinMarketCap) May 13, 2014, 01:20:23 PM
Just got my first stake payment!
How long did it take before your coins staked?
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