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Topic: [ANN] Returnbit [RBIT] [SCRYPT] [POW] - page 15. (Read 45635 times)

full member
Activity: 194
Merit: 100
September 17, 2016, 10:37:18 PM
Again the queue has filled up. It will slowly build funds until they can be paid out. It may take some time...
this PONZI ?

if you read the ann. page you see that the funds from the rtrust come from mining, since every block found gives 50 coins into the rtrust
At this point it will be 5+ days before mining can pay the unpaid. Very little point in sending in more Tier 1 coins.
Actually no, with the minimum buy in at 50,000.
Assuming there is 1440 blocks in 1 day at 60 second intervals
50x1440=72000
Thats more than enough to pay out assuming no new people send in.
The transaction last night was for 150,000 and still got paid out in a few hours. The more that is sent in, the faster the queue will go.
There is no need for new people to send in, This queue will be completely empty within a few hours.
3000 Coins come in every hour.
Actually yes. Using your best case scenario figure of 72,000 coins a day, you have an unpaid total of 418731/72,000=5.8 days

There's no best case scenario, there's going to be +/- 72,000 coins a day.  It might be 70k it might be 74k.  You just said 5.8 days according to his math, and he said 5+ days.


I bet every pending transaction, is paid out by the morning. Would you care to make a wager ?
In the sense no new funds come in, he is right. It will take 5~ days for the queue to completely empty out. As long as no one else sends in coins. No transaction has been stuck in the queue more than a few hours. Currently your talking about a pending transaction for a few thousand. The transaction last-night took 3~ hours, and it was a lot larger than the current pending ones. According to your math, it should have taken 15 days to pay out that transaction.

I have been watching the system pretty close, and I haven't seen any last more than a few hours.
hero member
Activity: 602
Merit: 500
September 17, 2016, 10:35:51 PM
Again the queue has filled up. It will slowly build funds until they can be paid out. It may take some time...
this PONZI ?

if you read the ann. page you see that the funds from the rtrust come from mining, since every block found gives 50 coins into the rtrust
At this point it will be 5+ days before mining can pay the unpaid. Very little point in sending in more Tier 1 coins.
Actually no, with the minimum buy in at 50,000.
Assuming there is 1440 blocks in 1 day at 60 second intervals
50x1440=72000
Thats more than enough to pay out assuming no new people send in.
The transaction last night was for 150,000 and still got paid out in a few hours. The more that is sent in, the faster the queue will go.
There is no need for new people to send in, This queue will be completely empty within a few hours.
3000 Coins come in every hour.
Actually yes. Using your best case scenario figure of 72,000 coins a day, you have an unpaid total of 418731/72,000=5.8 days

There's no best case scenario, there's going to be +/- 72,000 coins a day.  It might be 70k it might be 74k.  You just said 5.8 days according to his math, and he said 5+ days.
full member
Activity: 194
Merit: 100
September 17, 2016, 10:32:37 PM
Again the queue has filled up. It will slowly build funds until they can be paid out. It may take some time...
this PONZI ?

if you read the ann. page you see that the funds from the rtrust come from mining, since every block found gives 50 coins into the rtrust
At this point it will be 5+ days before mining can pay the unpaid. Very little point in sending in more Tier 1 coins.
Actually no, with the minimum buy in at 50,000.
Assuming there is 1440 blocks in 1 day at 60 second intervals
50x1440=72000
Thats more than enough to pay out assuming no new people send in.
The transaction last night was for 150,000 and still got paid out in a few hours. The more that is sent in, the faster the queue will go.
There is no need for new people to send in, This queue will be completely empty within a few hours.
3000 Coins come in every hour.
Actually yes. Using your best case scenario figure of 72,000 coins a day, you have an unpaid total of 418731/72,000=5.8 days
You assuming that no funds come in and everything is completely halted. Regardless, the queue will empty. It might take longer than normal, but regardless, it will empty. Guaranteed.
hero member
Activity: 635
Merit: 500
September 17, 2016, 10:21:32 PM
Again the queue has filled up. It will slowly build funds until they can be paid out. It may take some time...
this PONZI ?

if you read the ann. page you see that the funds from the rtrust come from mining, since every block found gives 50 coins into the rtrust
At this point it will be 5+ days before mining can pay the unpaid. Very little point in sending in more Tier 1 coins.
Actually no, with the minimum buy in at 50,000.
Assuming there is 1440 blocks in 1 day at 60 second intervals
50x1440=72000
Thats more than enough to pay out assuming no new people send in.
The transaction last night was for 150,000 and still got paid out in a few hours. The more that is sent in, the faster the queue will go.
There is no need for new people to send in, This queue will be completely empty within a few hours.
3000 Coins come in every hour.
Actually yes. Using your best case scenario figure of 72,000 coins a day, you have an unpaid total of 418731/72,000=5.8 days
full member
Activity: 194
Merit: 100
September 17, 2016, 10:09:02 PM
Again the queue has filled up. It will slowly build funds until they can be paid out. It may take some time...
this PONZI ?

if you read the ann. page you see that the funds from the rtrust come from mining, since every block found gives 50 coins into the rtrust
At this point it will be 5+ days before mining can pay the unpaid. Very little point in sending in more Tier 1 coins.
Actually no, with the minimum buy in at 50,000.
Assuming there is 1440 blocks in 1 day at 60 second intervals
50x1440=72000
Thats more than enough to pay out assuming no new people send in.
The transaction last night was for 150,000 and still got paid out in a few hours. The more that is sent in, the faster the queue will go.
There is no need for new people to send in, This queue will be completely empty within a few hours.
3000 Coins come in every hour.
Perhaps the min amount should be lowered a little more to prevent this problem from occurring at all?
full member
Activity: 194
Merit: 100
September 17, 2016, 10:06:38 PM
Again the queue has filled up. It will slowly build funds until they can be paid out. It may take some time...
this PONZI ?

if you read the ann. page you see that the funds from the rtrust come from mining, since every block found gives 50 coins into the rtrust
At this point it will be 5+ days before mining can pay the unpaid. Very little point in sending in more Tier 1 coins.
Actually no, with the minimum buy in at 50,000.
Assuming there is 1440 blocks in 1 day at 60 second intervals
50x1440=72000
Thats more than enough to pay out assuming no new people send in.
The transaction last night was for 150,000 and still got paid out in a few hours. The more that is sent in, the faster the queue will go.
There is no need for new people to send in, This queue will be completely empty within a few hours.
3000 Coins come in every hour.
hero member
Activity: 635
Merit: 500
September 17, 2016, 10:00:25 PM
Again the queue has filled up. It will slowly build funds until they can be paid out. It may take some time...
this PONZI ?

if you read the ann. page you see that the funds from the rtrust come from mining, since every block found gives 50 coins into the rtrust
At this point it will be 5+ days before mining can pay the unpaid. Very little point in sending in more Tier 1 coins.
sr. member
Activity: 672
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
September 17, 2016, 09:38:41 PM
Again the queue has filled up. It will slowly build funds until they can be paid out. It may take some time...
this PONZI ?

if you read the ann. page you see that the funds from the rtrust come from mining, since every block found gives 50 coins into the rtrust
sr. member
Activity: 1492
Merit: 269
September 17, 2016, 09:35:22 PM
Again the queue has filled up. It will slowly build funds until they can be paid out. It may take some time...
this PONZI ?
full member
Activity: 194
Merit: 100
September 17, 2016, 09:20:21 PM
Again the queue has filled up. It will slowly build funds until they can be paid out. It may take some time...
full member
Activity: 194
Merit: 100
September 17, 2016, 04:37:01 PM
Tier 1 limit is going to be reduced to 50k, due to that large TX from lastnight halted the entire queue for an hour or more. The limit needs to go down to continue the flow at a steady pace.
full member
Activity: 194
Merit: 100
September 17, 2016, 04:32:26 PM
It has only been a few days. I would say be patient and see where the flow goes...
If anyone has questions it is much better to contact me via slack, so come join us.
slack.returnbit.com
If you want to stay updated follow me on twitter, join our slack. Its more difficult for me to login here to post updates, than slack or pushing them out over twitter.
full member
Activity: 194
Merit: 100
September 17, 2016, 04:19:53 PM
100.54%  Cry small
Actually its not. Thats .5% an hour, or roughly 12% daily.
It's actually quite high...for only 60 confirmations, which is a little under an hour.
sr. member
Activity: 490
Merit: 250
September 17, 2016, 04:15:53 PM
100.54%  Cry small
hero member
Activity: 574
Merit: 500
September 17, 2016, 04:10:57 PM
Most of the block explorer services are asking between 0.1 to 0.3 for doing the job. I think is better using those btc to pay premium in yobit. I dont know if someone else can host an explorer for free Tongue or less than 0.05
sr. member
Activity: 373
Merit: 250
September 17, 2016, 04:08:44 PM
I have a 5000 RBIT bounty for a block explorer. If anyone can make it happen or find a service that offers a block explorer, I will pay you 5k RBIT to get it setup, and done today.
Anyone care to take up this offer?

Ok im trying to set a block explorer. Let's see if i can get one.

Good jobs Markus124! Let's be part of Returnbit  Wink
When block explorer is avaiable?
sr. member
Activity: 406
Merit: 250
www.cryptocompare.com
September 17, 2016, 02:34:34 PM
An it's true if we sent alot of request to yobit to add this coin. They will. But we need more than 2 or 3 request. Give us a hand guys.

https://yobit.net/en/addcoin/

Request created.
hero member
Activity: 574
Merit: 500
September 17, 2016, 12:35:42 PM
An it's true if we sent alot of request to yobit to add this coin. They will. But we need more than 2 or 3 request. Give us a hand guys.

https://yobit.net/en/addcoin/
hero member
Activity: 574
Merit: 500
September 17, 2016, 12:34:02 PM
I have a 5000 RBIT bounty for a block explorer. If anyone can make it happen or find a service that offers a block explorer, I will pay you 5k RBIT to get it setup, and done today.
Anyone care to take up this offer?

Ok im trying to set a block explorer. Let's see if i can get one.
full member
Activity: 194
Merit: 100
September 17, 2016, 10:34:31 AM
I have a 5000 RBIT bounty for a block explorer. If anyone can make it happen or find a service that offers a block explorer, I will pay you 5k RBIT to get it setup, and done today.
Anyone care to take up this offer?
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