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Topic: [ANN] [POSW] POSW COIN | Earn Monthly Dividends in Profit-Driven Growth Coin - page 26. (Read 118903 times)

sr. member
Activity: 343
Merit: 304
You arent Insane yet, get Insane to go Insane!
Trying again:

Could anyone help me out, I've placed my PoSW in my staking wallet for the dividends. But my PoSW isnt staking somehow, it only states as being "vested" (over 3 days now). How long does it take before your vested PoSW turns into staking? Little bit concerned as it is not staking that I wont receive my dividents.

how much coins you have vested? Sometimes, if you got smaal ammount, it will take longer to get coins that are visible on balance, you just get often as others, but its not just visible, if you got visible ammount then you see it. Right now i have on vesting 185 coins, and it takes 24h to get 0.01724 POSWs.
sr. member
Activity: 350
Merit: 250
for me it started 1 hour after being vested ... could it be that you own a minimalistic amount of posw wich doesn't even return something while staking?
member
Activity: 107
Merit: 10
Trying again:

Could anyone help me out, I've placed my PoSW in my staking wallet for the dividends. But my PoSW isnt staking somehow, it only states as being "vested" (over 3 days now). How long does it take before your vested PoSW turns into staking? Little bit concerned as it is not staking that I wont receive my dividents.
member
Activity: 74
Merit: 100
So why does this ANN say the max supply is 250 mil and coinmarketcap says the max supply is 70 mil?

max supply was changed. This ann is not anymore modified by dev, this is a place free to talk about POSW, but if you want to real-time info then the best place is Slack. In this topic, you can get info from other users, not by devs.

Sounds shady

How could that possibly be viewed as shady?

The less coins the better!

So why not make it 1 coin then? duh.

Changing the total supply of coins after the coin is launched is not seen as a cool thing. Do we know for a fact all those extra coins have been burned? how do we know the devs aren't holding them?

Also, can somebody explain what this means:

Quote
All coins were pre-mined to control the coin supply and maintain price stability reflective of https://poswallet.com revenue and dividend growth.

How can the price freely go up and down if the coin supply is controlled? I don't understand this.

Also, what guarantees the developers will not run with people's altcoins? Why would you trust putting your coins in a centralized website for staking? I like the idea, but if we depend once again in a centralized website, it is a recipe for disaster. They are all anonymous developers, so they can run with people's money at any time claiming they got hacked or whatnot, so beware.

Again, great idea will probably keep pumping, but it's high risk to trust centralized services. They will leave when the time is right, collapsing the PoSW token price.

This coin is not depending on dividends, dividend I just a good bonus, Website future services support coin price, like and also store, where you can buy things with POSWs. And Master nodes and master node pools will support price, so In basic design, it is like every other coin. And that is yours to choose if you hold your coins on the website or on your local wallet. Poswallet has been offering online staking service almost 2 years, so what reason it would they take off now.

Every coin has its own risks, and soon there will be released Company details, maybe you can get some peace, I understand your concerns, I asked those questions 2 months ago, mostly cause it is rational to ask them and a lot of people will ask them, but if you spend your time in slack and talk with devs every day, then you can find peace. This project hasn't appeared on thin air, this has been built up for a long time, and soon there will be ready full roadmap, the draft is already available.

I still don't understand what "All coins were pre-mined to control the coin supply and maintain price stability reflective of https://poswallet.com revenue and dividend growth."

I like this project, I like the idea, but I don't like having to trust some random guys into hoping they will not run with people's altcoins. If the project grows a lot, it may be too tempting for the admins to not run away with everyone's altcoins (you need to keep them there to stake, and this is the main point of this project, this is what gives value to the PoSW token). If this fails, the PoSW token fails, so they would be shooting themselves in their own feet if they steal everyone's alts, but like I said before, they may see an incentive in doing so if a number of altcoins being held there to stake is immense in the future if the service gets used a lot.
I have been in the crypto game for years, and I know human nature. I have seen MtGox, Cryptsy, Mintpal, Bitfinex... this is no different. And the fact that they are not putting their reputation on the line by staying anonymous, is even more concerning. Just being a realist here.

Yea I see your point.It is a very valid concern.They would be shooting themselves in the foot as you say.Also, they would be abandoning one of the best ideas to come along in a good while too.Someone with a great amount of trust would pick it up most likely and run with it.I know there are people out there kicking themselves that they didn't think of this first.I know I am  Tongue I really want to see this succeed and get bigger There are some really good coins up for a vote on there and I would like to see every one of those coins get added.The Faucets are just icing on the cake.Great for a beginner to get started with.To me the Posw coin is kinda secondary to the idea.

i feel the same it is hard in the crypto world to trust any site.. yes running they may get a few million but over long run they can make far more then that... would be better if poswallet was somehow a licensed place and i think to run an exchange they will have to be or could face the feds... i could be wrong..

Of course we have Exchange License and we are going to publish Company's details in our website soon.
hero member
Activity: 756
Merit: 579
Hello POSW coin holders, have a question about the dividends. How they are calculated for the POSW holders. Is enough to have a X amount of coins on the date when dividends are distributed, or is calculated even the time you hold them too. For exemple: If holder A have 100.000 POSW in his wallet for more then 1 month he will get (let's say) 1000 POSW in dividends, and holder B buy same 100.000 POSW 1 day prior the distribution he gets same 1000 POSW coins? Thanks!


1 day prior to distribution gets the same

Its calculated as poswallet profits minus expenses, divided by the percentage of staked coins you own.

So if they have 100k profit over their expenses and you own 1% of all staked coins; you would receive 1k usd in posw value.
Hope that helps.


Thank you for the answer. Well this is not fair (from my point of view) coz if i don't move the coins for 1 month I get the same amount of dividends like someone who bought them before dividends distribution block hits, and after he gets the dividends he dump all the coin. Next month, same story...
member
Activity: 74
Merit: 100
POSW Token Explodes In Value As POSWallet Development Roadmap Hints At Exciting Upcoming Features - NewsBTC Article
http://bit.ly/2olbkYp
legendary
Activity: 1134
Merit: 1003
Hello dev i have request remove limit withdraw in poswallet but not remove. I have sent my document please remove limit not increase. Thanks
sr. member
Activity: 546
Merit: 250
Maybe a fed.
Hello POSW coin holders, have a question about the dividends. How they are calculated for the POSW holders. Is enough to have a X amount of coins on the date when dividends are distributed, or is calculated even the time you hold them too. For exemple: If holder A have 100.000 POSW in his wallet for more then 1 month he will get (let's say) 1000 POSW in dividends, and holder B buy same 100.000 POSW 1 day prior the distribution he gets same 1000 POSW coins? Thanks!


1 day prior to distribution gets the same

Its calculated as poswallet profits minus expenses, divided by the percentage of staked coins you own.

So if they have 100k profit over their expenses and you own 1% of all staked coins; you would receive 1k usd in posw value.
Hope that helps.



@808 poster, I think they're running into some difficulties on it, they'll get it going though.
hero member
Activity: 756
Merit: 579
Hello POSW coin holders, have a question about the dividends. How they are calculated for the POSW holders. Is enough to have a X amount of coins on the date when dividends are distributed, or is calculated even the time you hold them too. For exemple: If holder A have 100.000 POSW in his wallet for more then 1 month he will get (let's say) 1000 POSW in dividends, and holder B buy same 100.000 POSW 1 day prior the distribution he gets same 1000 POSW coins? Thanks!
hero member
Activity: 798
Merit: 500
weekend is over, 808 wallet still on maintenance.......... Angry Sad Shocked Huh Roll Eyes Embarrassed Lips sealed Undecided Cry
hero member
Activity: 722
Merit: 501
is there any word whats going on with compensation for users with wallet balances of GAY that lost their funds when teh currency was delisted without warning? the news on the top of the dashboard page stated that funds would be converted to POSW within 24 hours, but no further details than that. i had 500+ GAY in my staking wallet when it was removed (i went thru my order history) which has a present value of .41 BTC (or nearly 2500 POSW or over $500 USD) and ive asked this same question on the slack channel and to support but have yet to receive a response from anyone at poswallet.

im a daily user, an avid trader, there. i understand that this situation is the variation and not S.O.P. but it would be nice to have more information forthcoming, especially when they delisted the coin without warning anyone, even though they had listed 8 other coins that will be delisted middle of may, enough time for people to get their funds out of the exchange. but id really appreciate an answer or an update from SOMEONE regarding this.

POSW: PDiKHo5ZSLAMwqGvHK4mDYUHEb9p5UhDZP
member
Activity: 106
Merit: 10
If I buy and store the POSW in LiveCoin.net, will I get the divident?

Someone in the slack said they did indeed get the dividend payout last month paid into their Livecoin wallet, but this isn't guaranteed. If Livecoin changes your wallet address on their site then you will not get it.

To guarantee that you get paid the dividend, put it into your stake wallet on poswallet.com or put it into your desktop wallet and leave it open (Encrypted and unlocked for staking only).
sr. member
Activity: 383
Merit: 250
If I buy and store the POSW in LiveCoin.net, will I get the divident?

As long as you don't have your coins in an open order i believe..
legendary
Activity: 854
Merit: 1000
If I buy and store the POSW in LiveCoin.net, will I get the divident?
I think no.If you want to buy POSW why not buy it on poswallet.com?You can keep your POSW their and get dividend too.It is much better option if you buying to hold for dividends instead of trading
member
Activity: 74
Merit: 100
I would like to inform you that we do not intend to tolerate the targeted FUD from BitcoinTalk trolls about our project and we will delete all offensive comments.
newbie
Activity: 48
Merit: 0
If I buy and store the POSW in LiveCoin.net, will I get the divident?
legendary
Activity: 1764
Merit: 1000
Hi, i can't get slack invite email - not receiving mail. And yes, i've checked spam folder. please help.

join on telegram: https://t.me/PoSWallet
full member
Activity: 174
Merit: 102
Hi, i can't get slack invite email - not receiving mail. And yes, i've checked spam folder. please help.
UGC
full member
Activity: 266
Merit: 100
thank you Poswallet for letting ESPERS out of maintanace...


Just in case if you don't know ESPERS yet: HMQ1725 Alg (POW for GPU/CPU miners) POS, masternodes, Velocity technology like InsaneCoin, etc...
more here: https://bitcointalksearch.org/topic/ann-espers-esppowposhmq1725-algo-new-features-1434700

PS: start buying ESPERS at poswallet and stake it ... until it's cheap
hero member
Activity: 602
Merit: 500
We are removing GAYCoin (and a few other coins over the next weeks) - any balances will be converted to POSW over the next 24hrs.[/b][/center]

Is it possible to have a full list of the coins that are going to be removed?

Thanks

The following coins will be removed 5/15: CON, NODC, OP, ORB, RUB, STRB, WARP, XZC[Please withdraw coins before 5/15 - afterwards they will be forfeited. For wallets that do not have any nodes (OP, WARP, etc.) or broken wallets (STRB, etc.), withdrawals may not be possible. Send us nodes if you have them!
In your previous post you said these coins if not withdrawn will be converted to posw.Is that what you mean here by forfeited ?
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