[ANN] * Persistent Information Exchange * PIECoin - ** !!! ICO COMPLETE !!! ** - page 18.

PieCoin

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Quote from: coinhugger on February 14, 2017, 10:26:29 AM

Quote from: coinhugger on February 13, 2017, 01:50:00 PM

Hello Piecoin,

I have a question. The POS Yield of 20%, is that a daily yield or a yearly yield?

Thanks.

Hi Piecoin,

Could you please be so kind to answer the question I posted earlier? (see quote above)

Thanks.

Yearly

PieCoin

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Quote from: Bingwen on February 14, 2017, 05:48:07 AM

I am wonder why and how it is possible that poswallet have over 4m staking in the pool before the ICO is over Undecided

https://i.imgsafe.org/2dfb4e6c5e.png

https://i.imgsafe.org/31ab68ce3c.png

It does seem unfair that dev team is already getting extra reward from POS before the rest of us

http://piecoin.thecryptochat.net/address/PBuRbnexWbe7pVtZnKcofR1EmmUJa2BxRA

Total current supply before ICO finished 427792627.49795187

More information will be added to the OP to reflect answers to questions and to provide more information about how things have been progressing so far.

Any staking rewards up to this point have been allocated for bounties and other rewards. Surplus PIE is used to further development of PIE and related technologies.

PIE that is staking at POSWallet is likely bounty recipients who are now staking. We do not have any PIE in POSWallet.

PieCoin

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Quote from: windchamp on February 14, 2017, 12:06:02 AM

https://c-cex.com/?p=pie-btc

Looks like yall are doing well on the ICO

On a side note, does the POS yield of 20% ever decrease in the future?

TYVM

The POS rate is not coded for change in the future. It will be up to the community in the future to decide if that should change. Currently there are no plans for changing the stake rate.

PieCoin

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Quote from: bitdragon2016 on February 13, 2017, 11:27:25 PM

Good day developer,

As of now the total sale of piecoin is 14million+ out of 400milion, you said the initial coin supply will be 400mil and that supposed the presale amount in c-cex. So what if the total sold is only 20million and the remaining 380million will be burned as per c-cex rules. so this will give the initial supply of 20million instead of 400million right? Correct me if im wrong..

Have a good day,

bitdragon2016

Thank you to everyone for the overwhelming support. Answers to questions will be following here...

For the above, that is correct. The only thing to remember is that burned coins are technically still in existence so the daemon will show the entire supply but the burn address will confirm the location of the unsold coins. For practical purposes though, the supply will be whatever was not burned.

AtomicProject

sr. member

Activity: 336

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Let's PUT IN!

I can make web and android wallet if developer give bounty on them

Bingwen

newbie

Activity: 29

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Quote from: ghostfaceuk on February 14, 2017, 01:06:56 PM

Quote from: Bingwen on February 14, 2017, 10:55:45 AM

Quote from: thcst8 on February 14, 2017, 10:25:39 AM

Quote from: Bingwen on February 14, 2017, 09:33:18 AM

Dev care to comment on my earlier post, Why are there coins staking before ICO finished, very unfair for investors.

Coins for ICO 400m yet 427812100 before ICO finished. strange.

I would assume c-cex is staking the coins since they are running the ICO.

I would also assume any coins not sold including the staked coins would get burned.

Maybe that C-cex are staking, but there are over 4m staking over at Poswallet as well.

if you look back over the thread you will see the coin was listed on two exchanges before the ICO was ran

https://www.tradesatoshi.com/Exchange/?market=PIE_BTC
https://novaexchange.com/market/BTC_PIE/?re=jyjced7fu5o0wjbrsc8f

Also looking here http://piecoin.thecryptochat.net/network shows you bit more info about the coin.

All of these links are freely available for those who care to look back through the thread. They just are not shown in the main post where the ICO is advertised, although in my opinion they should be

Ok my bad. I do agree that it should be mentioned in the main op. Not the most transparent of altcoins. So there are 400m at c-cex + more elsewhere. Totaling 427831172.30453736 to date. Thanks for the info.

ghostfaceuk

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Activity: 410

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Quote from: Bingwen on February 14, 2017, 10:55:45 AM

Quote from: thcst8 on February 14, 2017, 10:25:39 AM

Quote from: Bingwen on February 14, 2017, 09:33:18 AM

Dev care to comment on my earlier post, Why are there coins staking before ICO finished, very unfair for investors.

Coins for ICO 400m yet 427812100 before ICO finished. strange.

I would assume c-cex is staking the coins since they are running the ICO.

I would also assume any coins not sold including the staked coins would get burned.

Maybe that C-cex are staking, but there are over 4m staking over at Poswallet as well.

if you look back over the thread you will see the coin was listed on two exchanges before the ICO was ran

https://www.tradesatoshi.com/Exchange/?market=PIE_BTC
https://novaexchange.com/market/BTC_PIE/?re=jyjced7fu5o0wjbrsc8f

Also looking here http://piecoin.thecryptochat.net/network shows you bit more info about the coin.

All of these links are freely available for those who care to look back through the thread. They just are not shown in the main post where the ICO is advertised, although in my opinion they should be

Bingwen

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Activity: 29

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Quote from: thcst8 on February 14, 2017, 10:25:39 AM

Quote from: Bingwen on February 14, 2017, 09:33:18 AM

Dev care to comment on my earlier post, Why are there coins staking before ICO finished, very unfair for investors.

Coins for ICO 400m yet 427812100 before ICO finished. strange.

I would assume c-cex is staking the coins since they are running the ICO.

I would also assume any coins not sold including the staked coins would get burned.

Maybe that C-cex are staking, but there are over 4m staking over at Poswallet as well.

coinhugger

hero member

Activity: 728

Merit: 500

Quote from: coinhugger on February 13, 2017, 01:50:00 PM

Hello Piecoin,

I have a question. The POS Yield of 20%, is that a daily yield or a yearly yield?

Thanks.

Hi Piecoin,

Could you please be so kind to answer the question I posted earlier? (see quote above)

Thanks.

thcst8

sr. member

Activity: 392

Merit: 250

Quote from: Bingwen on February 14, 2017, 09:33:18 AM

Dev care to comment on my earlier post, Why are there coins staking before ICO finished, very unfair for investors.

Coins for ICO 400m yet 427812100 before ICO finished. strange.

I would assume c-cex is staking the coins since they are running the ICO.

I would also assume any coins not sold including the staked coins would get burned.

Bingwen

newbie

Activity: 29

Merit: 0

Dev care to comment on my earlier post, Why are there coins staking before ICO finished, very unfair for investors.

Coins for ICO 400m yet 427812100 before ICO finished. strange.

neonshium

hero member

Activity: 1134

Merit: 515

Quote from: Wapinter on February 14, 2017, 06:26:21 AM

Do you have signature campaign? would be better if you had.

Agreed, they must do a small signature campaign do spread awareness better,
they have a 26BTC ICO in c-cex (7 satoshi each coin and total 26BTC worth of coins listed there) to sell all these coins you must do good marketing. at least spend 2, 3 BTC if you can't do more.

Wapinter

legendary

Activity: 2688

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Hire me for Bounty Management

Do you have signature campaign? would be better if you had.

Bingwen

newbie

Activity: 29

Merit: 0

I am wonder why and how it is possible that poswallet have over 4m staking in the pool before the ICO is over Undecided

https://i.imgsafe.org/2dfb4e6c5e.png

https://i.imgsafe.org/31ab68ce3c.png

It does seem unfair that dev team is already getting extra reward from POS before the rest of us

http://piecoin.thecryptochat.net/address/PBuRbnexWbe7pVtZnKcofR1EmmUJa2BxRA

Total current supply before ICO finished 427792627.49795187

windchamp

full member

Activity: 127

Merit: 100

https://c-cex.com/?p=pie-btc

Looks like yall are doing well on the ICO

On a side note, does the POS yield of 20% ever decrease in the future?

bitdragon2016

full member

Activity: 231

Merit: 100

Good day developer,

As of now the total sale of piecoin is 14million+ out of 400milion, you said the initial coin supply will be 400mil and that supposed the presale amount in c-cex. So what if the total sold is only 20million and the remaining 380million will be burned as per c-cex rules. so this will give the initial supply of 20million instead of 400million right? Correct me if im wrong..

Have a good day,

bitdragon2016

freegold

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Activity: 207

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Wahoo for the Bitcoin revolution!

Quote from: juzz222 on February 13, 2017, 08:29:20 PM

Quote from: Jewelettes on February 13, 2017, 08:19:57 PM

Congratuations! PieCoin is listed at poswallet : https://poswallet.com/coins.php?PIE

You can now stake all the PieCoins that you hoard. Wink

Yes, Good news! PIE coin is live now at POSwallet!

http://prntscr.com/e8fnb7

Congrats Piecoin Team!

Wink

PIE has nowhere to go but up after the ico @ c-cex and getting listed at the new POSW exchange! Get yours now!
Rick (freegold)

sugarbaby

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Activity: 238

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Quote from: Jewelettes on February 13, 2017, 08:19:57 PM

Congratuations! PieCoin is listed at poswallet : https://poswallet.com/coins.php?PIE

You can now stake all the PieCoins that you hoard. Wink

Congratz PIE! Cool

juzz222

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Activity: 142

Merit: 102

The Crypto Detective

Quote from: Jewelettes on February 13, 2017, 08:19:57 PM

Congratuations! PieCoin is listed at poswallet : https://poswallet.com/coins.php?PIE

You can now stake all the PieCoins that you hoard. Wink

Yes, Good news! PIE coin is live now at POSwallet!

http://prntscr.com/e8fnb7

Congrats Piecoin Team!

Wink

Jewelettes

sr. member

Activity: 581

Merit: 254

I am simply ME.

Congratuations! PieCoin is listed at poswallet : https://poswallet.com/coins.php?PIE

You can now stake all the PieCoins that you hoard. Wink

Topic: [ANN] * Persistent Information Exchange * PIECoin - ** !!! ICO COMPLETE !!! ** - page 18. (Read 37848 times)

Topic: [ANN] * Persistent Information Exchange * PIECoin - !!! ICO COMPLETE !!! - page 18. (Read 37848 times)