Those doomsayers are looking for ways to devalue the coin. They would not succeed. They are trying to find ways to make value of coin so low they could mass buy it.
500 Sat and go Pump!
Topic: [ANN] Signatum - New Algorithm - Fair Launch - No Premine - page 244. (Read 823858 times)
500 Sat and go Pump!
Those doomsayers are looking for ways to devalue the coin. They would not succeed. They are trying to find ways to make value of coin so low they could mass buy it.
Bittrex when ? )
Most likely Never. The volume @ cryptopia is Low and the Price is only @ 1400 Sat
SIGT almost have 800 BTC volume at cryptopia but now we have 37 BTC volume per day because of the Crow
Bittrex when ? )
Draining! Urgently sell! The price will fall to 300sat.
OMG, Jesus Chris, better do what this guy says. Quick! The coin is dying and we will probably loose everything in the next 16 seconds. I can feel the vital signs fading. The room suddenly got colder and the presence of supernatural is in the air. Sell, sell, sell! LOL 
/sarcasm
Are you sure?
The stats on the website whentosell says 24 seconds. Why is there a discrepancy?
Draining! Urgently sell! The price will fall to 300sat.
OMG, Jesus Chris, better do what this guy says. Quick! The coin is dying and we will probably loose everything in the next 16 seconds. I can feel the vital signs fading. The room suddenly got colder and the presence of supernatural is in the air. Sell, sell, sell! LOL /sarcasm
Are you sure?
The stats on the website whentosell says 24 seconds. Why is there a discrepancy?
Would it be possible for someone with 2116 Sig to kill the block chain when it gets to proof of stake?
This is not my area of expertise, but if my numbers are within 4-5 orders of magnitude this is a critical issue.
if interest is paid hourly, as has been stated, it must be recorded on the block chain.
Not sure interest will be paid hourly, where did you read that ?This is not my area of expertise, but if my numbers are within 4-5 orders of magnitude this is a critical issue.
if interest is paid hourly, as has been stated, it must be recorded on the block chain.
I believe I read it somewhere on here. Page 10 of the white paper actually says it is paid every 5 minutes.
A 5 minute payout would be 0.0000004756 so 0.02102608 Sig per wallet, but you would only need 15,000. 15,000 * 0.02102608 + 150 = 465.3912
Main.cpp sets
Code:
nSubsidy = nCoinAge * COIN_YEAR_REWARD * 33 / (365 * 33 + 8)
From what I can tell it simplifies to "nCoinAge * 13689" All the math is e-8, but if nCoinAge is the mature coins and it runs every 5 minutes then this is a 1400% return.
Hopefully I am wrong.
Edit: Fixed exponential.
Would it be possible for someone with 2116 Sig to kill the block chain when it gets to proof of stake?
This is not my area of expertise, but if my numbers are within 4-5 orders of magnitude this is a critical issue.
if interest is paid hourly, as has been stated, it must be recorded on the block chain.
If I am reading the main.h correctly then the maximum space for transactions is 100000 bytes per block.
From Bitcoin an outgoing transaction is about 34 bytes. I am assuming Signatum is similar.
So a max of roughly 3,000 transactions per minute or 180,000 per hour
5% interest compounded hourly is 0.00000570
In order to collect the minimum amount of 0.00000001 hourly an account needs to stake 0.00175439 Sig.
Minimum Stat required to create 180000 interest bearing accounts.
2116 = 315.7902 transfered + 1800 (Tx Fees)
Since it looks like a single wallet can stake multiple accounts wouldn't this be a trivial script and $200 to kill the chain with interest transactions?
Not sure interest will be paid hourly, where did you read that ? This is not my area of expertise, but if my numbers are within 4-5 orders of magnitude this is a critical issue.
if interest is paid hourly, as has been stated, it must be recorded on the block chain.
If I am reading the main.h correctly then the maximum space for transactions is 100000 bytes per block.
From Bitcoin an outgoing transaction is about 34 bytes. I am assuming Signatum is similar.
So a max of roughly 3,000 transactions per minute or 180,000 per hour
5% interest compounded hourly is 0.00000570
In order to collect the minimum amount of 0.00000001 hourly an account needs to stake 0.00175439 Sig.
Minimum Stat required to create 180000 interest bearing accounts.
2116 = 315.7902 transfered + 1800 (Tx Fees)
Since it looks like a single wallet can stake multiple accounts wouldn't this be a trivial script and $200 to kill the chain with interest transactions?
Would it be possible for someone with 2116 Sig to kill the block chain when it gets to proof of stake?
This is not my area of expertise, but if my numbers are within 4-5 orders of magnitude this is a critical issue.
if interest is paid hourly, as has been stated, it must be recorded on the block chain.
If I am reading the main.h correctly then the maximum space for transactions is 100000 bytes per block.
From Bitcoin an outgoing transaction is about 34 bytes. I am assuming Signatum is similar.
So a max of roughly 3,000 transactions per minute or 180,000 per hour
5% interest compounded hourly is 0.00000570
In order to collect the minimum amount of 0.00000001 hourly an account needs to stake 0.00175439 Sig.
Minimum Stat required to create 180000 interest bearing accounts.
2116 = 315.7902 transfered + 1800 (Tx Fees)
Since it looks like a single wallet can stake multiple accounts wouldn't this be a trivial script and $200 to kill the chain with interest transactions?
This is not my area of expertise, but if my numbers are within 4-5 orders of magnitude this is a critical issue.
if interest is paid hourly, as has been stated, it must be recorded on the block chain.
If I am reading the main.h correctly then the maximum space for transactions is 100000 bytes per block.
From Bitcoin an outgoing transaction is about 34 bytes. I am assuming Signatum is similar.
So a max of roughly 3,000 transactions per minute or 180,000 per hour
5% interest compounded hourly is 0.00000570
In order to collect the minimum amount of 0.00000001 hourly an account needs to stake 0.00175439 Sig.
Minimum Stat required to create 180000 interest bearing accounts.
2116 = 315.7902 transfered + 1800 (Tx Fees)
Since it looks like a single wallet can stake multiple accounts wouldn't this be a trivial script and $200 to kill the chain with interest transactions?
Funny how some people claim that sigt is a dead coin without arguments.
From my point of view, this coin is far more alive than tons of ICOed coins and come with regular good news :
- Devs are working on the project and they prove it : marketplace is online, escrow is on the way, android wallet is on the way, translations are being done.
- They fired Crowetic and his team, which is definitelly a good news for the future of this coin
- Discord is active, community is growing every day
- Mining is still profitable with nvidia, maybe not the most profitable but in my case still better than equihash
- Always in the top 3 on cryptopia since the first day, with a constant pretty nice volume and market cap, and a quite good resistance to dumps.
Compare with a well known ICO for example : NVO.
Big team, great roadmap, nice and professional communication : they made millions with the ICO : everything to expect a nice, solid and fast development of the asset.
Since ICO ended almost 2 months ago, nothing has moved on, website is not updated, wallet not updated, roadmap seems abandoned, almost no news from the team.
In one month, sigt achieved more things than 99% of ICOs coins in a year.
So, where is the scam ?
I strongly believe sigt has more potential than all those ICOs shits. I don't give a f*ck about those shitposts "will moon tonight", "lambos" or "deadcoin", "scam" ; I just watch facts, and not fud or shill.
Agree with you. From my point of view, this coin is far more alive than tons of ICOed coins and come with regular good news :
- Devs are working on the project and they prove it : marketplace is online, escrow is on the way, android wallet is on the way, translations are being done.
- They fired Crowetic and his team, which is definitelly a good news for the future of this coin
- Discord is active, community is growing every day
- Mining is still profitable with nvidia, maybe not the most profitable but in my case still better than equihash
- Always in the top 3 on cryptopia since the first day, with a constant pretty nice volume and market cap, and a quite good resistance to dumps.
Compare with a well known ICO for example : NVO.
Big team, great roadmap, nice and professional communication : they made millions with the ICO : everything to expect a nice, solid and fast development of the asset.
Since ICO ended almost 2 months ago, nothing has moved on, website is not updated, wallet not updated, roadmap seems abandoned, almost no news from the team.
In one month, sigt achieved more things than 99% of ICOs coins in a year.
So, where is the scam ?
I strongly believe sigt has more potential than all those ICOs shits. I don't give a f*ck about those shitposts "will moon tonight", "lambos" or "deadcoin", "scam" ; I just watch facts, and not fud or shill.
That's why some people who want to have easy fake ICOs hate SIGT here. This is the answer why some exchanges take some "IoweYouSex" coins from day 1, but cannot see SIGT af all.
Upcoming Features in Signatum Marketplace Beta v2.0:
https://www.reddit.com/r/Signatum/comments/6uvy9t/signatum_marketplace_beta_v2_updates/
- Forgot Password - Retrieve your lost account with ease
- Search Feature - Find that specific product you have been looking for
- Escrow Service - Shop with increased confidence
- Multiple Product Images - Show your product off from all angles
- Seller & Buyer rating - Community-supplied ratings you can trust
- USD/SIGT Currency Display - Keep all your thinking in terms of fiat. List goods for USD and the transaction occurs for an equivalent value of SIGT
- Revamping captcha - Are we all robots? Changing to a more user-friendly captcha
- Sent Item Messages - View all previously sent messages from your account
- Better Moderation - More moderators as well as new tools to help moderators
- Many other minor bug fixes & UI tweaks - Things you have pointed out to us that need a little fixing
https://www.reddit.com/r/Signatum/comments/6uvy9t/signatum_marketplace_beta_v2_updates/
Happy to see so much commitment and improvement from you all, thanks! I don't know if you guys have any plan to set up something like a disclaimer:
keep it up!
Amazing news about the marketplace development. When the PoS will hit, there should be a market for using sing already. It's very important.
Unfortunately I have followed the instructions for mining SIGT through a mining pool with GPU on this website:
http://cryptovore.com/2017/07/19/how-to-mine-signatum-sigt/
but it seems that it is not working, as soon as I run the signatumminer.bat file I get an error message.
"WARNING: GPU_USE_SYNC_OBJECTS is not specified!"
I have already changed the setting of "setx GPU_MAX_ALLOC_PERCENT" to a "5" which is a very low number but same error. Any missing instructions on the webpage that I didn't follow?
http://cryptovore.com/2017/07/19/how-to-mine-signatum-sigt/
but it seems that it is not working, as soon as I run the signatumminer.bat file I get an error message.
"WARNING: GPU_USE_SYNC_OBJECTS is not specified!"
I have already changed the setting of "setx GPU_MAX_ALLOC_PERCENT" to a "5" which is a very low number but same error. Any missing instructions on the webpage that I didn't follow?
First update you all drivers.
Second, if you use not graphic cards miners, you need more inform and i help you
You mean update all NVIDIA drivers? I am not using a mining device. I am just relying on my own laptops graphic card. So can you help me with that? Somebody said to use ccminer. Where can I download it? And what to do to efficiently mine it?
First stop where can I download CCminer? can you give me some links.
https://github.com/tpruvot/ccminer/releases
Unfortunately I have followed the instructions for mining SIGT through a mining pool with GPU on this website:
http://cryptovore.com/2017/07/19/how-to-mine-signatum-sigt/
but it seems that it is not working, as soon as I run the signatumminer.bat file I get an error message.
"WARNING: GPU_USE_SYNC_OBJECTS is not specified!"
I have already changed the setting of "setx GPU_MAX_ALLOC_PERCENT" to a "5" which is a very low number but same error. Any missing instructions on the webpage that I didn't follow?
http://cryptovore.com/2017/07/19/how-to-mine-signatum-sigt/
but it seems that it is not working, as soon as I run the signatumminer.bat file I get an error message.
"WARNING: GPU_USE_SYNC_OBJECTS is not specified!"
I have already changed the setting of "setx GPU_MAX_ALLOC_PERCENT" to a "5" which is a very low number but same error. Any missing instructions on the webpage that I didn't follow?
First update you all drivers.
Second, if you use not graphic cards miners, you need more inform and i help you
You mean update all NVIDIA drivers? I am not using a mining device. I am just relying on my own laptops graphic card. So can you help me with that? Somebody said to use ccminer. Where can I download it? And what to do to efficiently mine it?
First stop where can I download CCminer? can you give me some links.
The Marketplace looks allot better than initial launch, still a young coin. If devs remain active I'm sure price will gradually increase, give it time.
Quote
It will rise again, just need the part timers to clear off and reduce the sell orders. Biggest threat is those cashing in before POS, unfortunately crypto after bitcoin has held a media persona of "get rich quick scheme".
As it matures and the market becomes flooded with both miners and coins, that is a mindset we need to move away from, as we steer towards the I.O.T. value should come in the form of what projects offer both longevity, and use-ability at that time.
This, I believe will be one of them.
And this ^ ladies and gentlemen how a pro speaks.
Sounds like a guy who is throwing darts at a board to me
We have nothing concrete but charts and a few other metrics
If you unequivocally drove into the world of Crypto expecting to find concrete foundations, then you need to re-evaluate yourself.
We are all throwing darts at the board of life, however, eventually one sticks.
It will rise again, just need the part timers to clear off and reduce the sell orders. Biggest threat is those cashing in before POS, unfortunately crypto after bitcoin has held a media persona of "get rich quick scheme".
As it matures and the market becomes flooded with both miners and coins, that is a mindset we need to move away from, as we steer towards the I.O.T. value should come in the form of what projects offer both longevity, and use-ability at that time.
This, I believe will be one of them.
Can someone explain me why people want higher price RIGHT NOW? Unless they're the guys who bought on top of the pump @ 4-5k sato and want to quit right now with less losses.
Higher prices > more miners > higher diff > higher sign mining costs. So harder to collect good bag for PoS...
CryptoWinner I apologize if that may of come across as wanting a higher price right now, I assure you it does not.
I was trying to explain to the previous post, that a higher price is not currently needed, over the current nor future value of the project.
Quote
It will rise again, just need the part timers to clear off and reduce the sell orders. Biggest threat is those cashing in before POS, unfortunately crypto after bitcoin has held a media persona of "get rich quick scheme".
As it matures and the market becomes flooded with both miners and coins, that is a mindset we need to move away from, as we steer towards the I.O.T. value should come in the form of what projects offer both longevity, and use-ability at that time.
This, I believe will be one of them.
And this ^ ladies and gentlemen how a pro speaks.
Looking forward to 5000 sats+.
Quote
It will rise again, just need the part timers to clear off and reduce the sell orders. Biggest threat is those cashing in before POS, unfortunately crypto after bitcoin has held a media persona of "get rich quick scheme".
As it matures and the market becomes flooded with both miners and coins, that is a mindset we need to move away from, as we steer towards the I.O.T. value should come in the form of what projects offer both longevity, and use-ability at that time.
This, I believe will be one of them.
And this ^ ladies and gentlemen how a pro speaks.
Sounds like a guy who is throwing darts at a board to me
We have nothing concrete but charts and a few other metrics
Quote
It will rise again, just need the part timers to clear off and reduce the sell orders. Biggest threat is those cashing in before POS, unfortunately crypto after bitcoin has held a media persona of "get rich quick scheme".
As it matures and the market becomes flooded with both miners and coins, that is a mindset we need to move away from, as we steer towards the I.O.T. value should come in the form of what projects offer both longevity, and use-ability at that time.
This, I believe will be one of them.
And this ^ ladies and gentlemen how a pro speaks.
It will rise again, just need the part timers to clear off and reduce the sell orders. Biggest threat is those cashing in before POS, unfortunately crypto after bitcoin has held a media persona of "get rich quick scheme".
As it matures and the market becomes flooded with both miners and coins, that is a mindset we need to move away from, as we steer towards the I.O.T. value should come in the form of what projects offer both longevity, and use-ability at that time.
This, I believe will be one of them.
Can someone explain me why people want higher price RIGHT NOW? Unless they're the guys who bought on top of the pump @ 4-5k sato and want to quit right now with less losses.
Higher prices > more miners > higher diff > higher sign mining costs. So harder to collect good bag for PoS...
A bad chart could kill the coin. Volume is high now, that won't happen if it just keeps plummeting...Need it at least going up and down for people to pump up volume and drive interest
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