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Topic: [ANN] Elite Coin 1337 : Currency New Thread, Website & Wallets. Same Community - page 9. (Read 3698 times)
March 30, 2019, 12:10:26 AM
March 29, 2019, 09:43:34 AM
Final Reminder:
Elite twitter tipbot has been taken down. Your balances will be reimbursed via our discord tipbot.
There will be a Storm Event on March 30 - 31st.
To be eligible, join here: http://discord.gg/6UCmypN and post "Stay Elite" with your twitter handle.
Elite twitter tipbot has been taken down. Your balances will be reimbursed via our discord tipbot.
There will be a Storm Event on March 30 - 31st.
To be eligible, join here: http://discord.gg/6UCmypN and post "Stay Elite" with your twitter handle.
March 28, 2019, 09:35:10 PM
Update your wallets and then come join the slaying fun. Don't forget to get your dragons.
March 27, 2019, 10:51:18 PM
shameless bump please update your wallets to secure them
March 27, 2019, 08:29:12 PM
security issues in wallet version 1.0.0.0 Please update to prevent your coins from forking March 22, 2019, 03:36:50 PM
I get the inflation thing but trust me, since I like POS coins I have staked almost all during last 3 years... and I know that when the APR drops below 10% the coins will not present any more interest to the investors beacause there is no gains beside the probable price increase. Is also the case of 1337 too, see how the price went down from 3-4 sats to under 1 sat. I can give you a lot of examples of coins that went to dust if the APR is not good enough. I don't say to be 1000% but something between 10 and 50% is the sweet spot 
if not, i can "stake" NEO / ONT / NAV / XTZ / etc. Coins that have between 5 and 10% APR.
if not, i can "stake" NEO / ONT / NAV / XTZ / etc. Coins that have between 5 and 10% APR.Fair point, I agree that most "investors" want to see higher numbers, no matter what it means for the actual value. As I said, there were many discussions and a community vote on the topic. I was arguing for 13.37 % back in the day, but now I think we should stick to the community decision.
Regarding the price, I hope we can agree that this was not primarily due to the low apr. Everything went down the drain last year...
Look back at 2016 when Elite apr was much much higher (it was actually 1337 % at some point). Price was even lower than it is now.
I think I can also chime in here and say that its not always about the APR percentage. What really counts for a coins success is the use case and active developments. If people see that Elite has a good use case and is active working on developments then people would buy just for that alone and not worry about the APR. Most PoS projects fail because they have nothing on offer except for their attractive APR and have no use case so of course they die. I like what Elite is doing and if all goes well then we'll start seeing people using Elite coins for games etc...
Yes, actual application is really vital in keeping up the coin alive.
If elite has no use case, they might have been eating the dust for so long already.
So this new dev team might being doing us a favor to further strengthen this project.
Who knows, they might boost its value in the coming days?
I don't want to spread FUD, but since 1337 aka Elite wasn't able to find a purpose or a use case in almost 4 years, after changing devs each year I don't think will ever find it.
BTW where did you come out with "est 2014"? when first block was generated in late 2015. Anyway, I wish you good luck, you'll need a lot.
i changed it to 2015 thanks i was basing it on when i met the old dev my bad
March 22, 2019, 03:35:32 PM
Is this a takeover of the project or why the new thread? Anyway I want to ask if you intend to implement Masternodes or at least increase the APR because now with 1.337% not many users will be tempted to stake this coin, including me. Cheers mates!
its not a takeover the same teams been working on 1337 for several months and we just now are getting around to a new ann. no one has control over the old one anymore . as far as i know there is no plan or interest to add master nodes
March 22, 2019, 02:57:33 AM
I wanted to make such wallets with that kind of address like yours. But how you can make that address? Its a kind of vanity?
March 22, 2019, 02:54:47 AM
I get the inflation thing but trust me, since I like POS coins I have staked almost all during last 3 years... and I know that when the APR drops below 10% the coins will not present any more interest to the investors beacause there is no gains beside the probable price increase. Is also the case of 1337 too, see how the price went down from 3-4 sats to under 1 sat. I can give you a lot of examples of coins that went to dust if the APR is not good enough. I don't say to be 1000% but something between 10 and 50% is the sweet spot if not, i can "stake" NEO / ONT / NAV / XTZ / etc. Coins that have between 5 and 10% APR.
if not, i can "stake" NEO / ONT / NAV / XTZ / etc. Coins that have between 5 and 10% APR.Fair point, I agree that most "investors" want to see higher numbers, no matter what it means for the actual value. As I said, there were many discussions and a community vote on the topic. I was arguing for 13.37 % back in the day, but now I think we should stick to the community decision.
Regarding the price, I hope we can agree that this was not primarily due to the low apr. Everything went down the drain last year...
Look back at 2016 when Elite apr was much much higher (it was actually 1337 % at some point). Price was even lower than it is now.
I think I can also chime in here and say that its not always about the APR percentage. What really counts for a coins success is the use case and active developments. If people see that Elite has a good use case and is active working on developments then people would buy just for that alone and not worry about the APR. Most PoS projects fail because they have nothing on offer except for their attractive APR and have no use case so of course they die. I like what Elite is doing and if all goes well then we'll start seeing people using Elite coins for games etc...
Yes, actual application is really vital in keeping up the coin alive.
If elite has no use case, they might have been eating the dust for so long already.
So this new dev team might being doing us a favor to further strengthen this project.
Who knows, they might boost its value in the coming days?
I don't want to spread FUD, but since 1337 aka Elite wasn't able to find a purpose or a use case in almost 4 years, after changing devs each year I don't think will ever find it.
BTW where did you come out with "est 2014"? when first block was generated in late 2015. Anyway, I wish you good luck, you'll need a lot.
March 21, 2019, 06:41:51 PM
I get the inflation thing but trust me, since I like POS coins I have staked almost all during last 3 years... and I know that when the APR drops below 10% the coins will not present any more interest to the investors beacause there is no gains beside the probable price increase. Is also the case of 1337 too, see how the price went down from 3-4 sats to under 1 sat. I can give you a lot of examples of coins that went to dust if the APR is not good enough. I don't say to be 1000% but something between 10 and 50% is the sweet spot if not, i can "stake" NEO / ONT / NAV / XTZ / etc. Coins that have between 5 and 10% APR.
if not, i can "stake" NEO / ONT / NAV / XTZ / etc. Coins that have between 5 and 10% APR.Fair point, I agree that most "investors" want to see higher numbers, no matter what it means for the actual value. As I said, there were many discussions and a community vote on the topic. I was arguing for 13.37 % back in the day, but now I think we should stick to the community decision.
Regarding the price, I hope we can agree that this was not primarily due to the low apr. Everything went down the drain last year...
Look back at 2016 when Elite apr was much much higher (it was actually 1337 % at some point). Price was even lower than it is now.
I think I can also chime in here and say that its not always about the APR percentage. What really counts for a coins success is the use case and active developments. If people see that Elite has a good use case and is active working on developments then people would buy just for that alone and not worry about the APR. Most PoS projects fail because they have nothing on offer except for their attractive APR and have no use case so of course they die. I like what Elite is doing and if all goes well then we'll start seeing people using Elite coins for games etc...
Yes, actual application is really vital in keeping up the coin alive.
If elite has no use case, they might have been eating the dust for so long already.
So this new dev team might being doing us a favor to further strengthen this project.
Who knows, they might boost its value in the coming days?
March 21, 2019, 06:15:39 PM
I get the inflation thing but trust me, since I like POS coins I have staked almost all during last 3 years... and I know that when the APR drops below 10% the coins will not present any more interest to the investors beacause there is no gains beside the probable price increase. Is also the case of 1337 too, see how the price went down from 3-4 sats to under 1 sat. I can give you a lot of examples of coins that went to dust if the APR is not good enough. I don't say to be 1000% but something between 10 and 50% is the sweet spot if not, i can "stake" NEO / ONT / NAV / XTZ / etc. Coins that have between 5 and 10% APR.
if not, i can "stake" NEO / ONT / NAV / XTZ / etc. Coins that have between 5 and 10% APR.Fair point, I agree that most "investors" want to see higher numbers, no matter what it means for the actual value. As I said, there were many discussions and a community vote on the topic. I was arguing for 13.37 % back in the day, but now I think we should stick to the community decision.
Regarding the price, I hope we can agree that this was not primarily due to the low apr. Everything went down the drain last year...
Look back at 2016 when Elite apr was much much higher (it was actually 1337 % at some point). Price was even lower than it is now.
I think I can also chime in here and say that its not always about the APR percentage. What really counts for a coins success is the use case and active developments. If people see that Elite has a good use case and is active working on developments then people would buy just for that alone and not worry about the APR. Most PoS projects fail because they have nothing on offer except for their attractive APR and have no use case so of course they die. I like what Elite is doing and if all goes well then we'll start seeing people using Elite coins for games etc...
March 21, 2019, 06:00:09 AM
I get the inflation thing but trust me, since I like POS coins I have staked almost all during last 3 years... and I know that when the APR drops below 10% the coins will not present any more interest to the investors beacause there is no gains beside the probable price increase. Is also the case of 1337 too, see how the price went down from 3-4 sats to under 1 sat. I can give you a lot of examples of coins that went to dust if the APR is not good enough. I don't say to be 1000% but something between 10 and 50% is the sweet spot if not, i can "stake" NEO / ONT / NAV / XTZ / etc. Coins that have between 5 and 10% APR.
if not, i can "stake" NEO / ONT / NAV / XTZ / etc. Coins that have between 5 and 10% APR.Fair point, I agree that most "investors" want to see higher numbers, no matter what it means for the actual value. As I said, there were many discussions and a community vote on the topic. I was arguing for 13.37 % back in the day, but now I think we should stick to the community decision.
Regarding the price, I hope we can agree that this was not primarily due to the low apr. Everything went down the drain last year...
Look back at 2016 when Elite apr was much much higher (it was actually 1337 % at some point). Price was even lower than it is now.
March 21, 2019, 05:37:37 AM
Is this a takeover of the project or why the new thread? Anyway I want to ask if you intend to implement Masternodes or at least increase the APR because now with 1.337% not many users will be tempted to stake this coin, including me. Cheers mates!
It's a friendly takeover. Xenonflux doesn't currently have the time to continue as dev. Hence nerdlabs and flapmin came onboard.
Can be verified here: https://bitcointalksearch.org/topic/m.44992054
Masternodes might be implemented in the future but it's currently not the plan.
APR is final and was decided by the community. I do get your point that it's low, but in the end it doesn't really make a difference. You can stake at 1000 % apr and have the coin inflate by 1000 % yearly or stake at 1.337 % apr and only have that as inflation. Value-wise, it doesn't matter.
I get the inflation thing but trust me, since I like POS coins I have staked almost all during last 3 years... and I know that when the APR drops below 10% the coins will not present any more interest to the investors beacause there is no gains beside the probable price increase. Is also the case of 1337 too, see how the price went down from 3-4 sats to under 1 sat. I can give you a lot of examples of coins that went to dust if the APR is not good enough. I don't say to be 1000% but something between 10 and 50% is the sweet spot
if not, i can "stake" NEO / ONT / NAV / XTZ / etc. Coins that have between 5 and 10% APR. March 21, 2019, 04:32:46 AM
Where is the white paper.please give me link.
Check the website for all up-to-date links: https://www.elitecurrency.info/
There is no whitepaper...
for great project it is simply unacceptable. iam more confused that they have been working for more than a year and the results when looking only at the numbers.
This is a community coin which is already 5 years old. Not a fancy-whitepaper ico coin from 2017
Development and support is only done by volunteers...
March 21, 2019, 04:08:40 AM
Where is the white paper.please give me link.
Check the website for all up-to-date links: https://www.elitecurrency.info/
There is no whitepaper...
for great project it is simply unacceptable. iam more confused that they have been working for more than a year and the results when looking only at the numbers.
March 21, 2019, 03:19:08 AM
Where is the white paper.please give me link.
Check the website for all up-to-date links: https://www.elitecurrency.info/
There is no whitepaper...
March 21, 2019, 03:07:13 AM
I do have a question and that is why hasn't this new ANN been announced in the Elite discord server so we all know about it?
It has just been announced there. March 20, 2019, 05:57:23 PM
I like the new ANN and new updates on where this project is heading. I have been in Elite since 2015 so I am a long term holder and in that time I haven't sold a single coin as I believe in the long term future here. I do have a question and that is why hasn't this new ANN been announced in the Elite discord server so we all know about it?
March 20, 2019, 02:07:58 PM
Is this a takeover of the project or why the new thread? Anyway I want to ask if you intend to implement Masternodes or at least increase the APR because now with 1.337% not many users will be tempted to stake this coin, including me. Cheers mates!
It's a friendly takeover. Xenonflux doesn't currently have the time to continue as dev. Hence nerdlabs and flapmin came onboard.
Can be verified here: https://bitcointalksearch.org/topic/m.44992054
Masternodes might be implemented in the future but it's currently not the plan.
APR is final and was decided by the community. I do get your point that it's low, but in the end it doesn't really make a difference. You can stake at 1000 % apr and have the coin inflate by 1000 % yearly or stake at 1.337 % apr and only have that as inflation. Value-wise, it doesn't matter.
March 20, 2019, 10:21:15 AM
Hello,
Do you have a team and a whitepaper? please provide links.
Do you have a team and a whitepaper? please provide links.
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