Topic: [ANN] [VIRAL] [Trading Live - Bittrex + C-CEX] Advanced Development - page 38. (Read 276110 times)

Do it! It'll help both HZ and VIRAL

I was wondering when SEO would be brought in. In fact, I was thinking of buying a 4 BTC package (the one with links) to see what kind of an SEO boost the package would give....

Or it could just be a really smart and sneaky manipulation tactic by someone who is really good at manipulating the books to the point that they are most attractive while getting sponsor deals ready to buy in a batch while the price is at the lowest possible, so that so many MORE VIRAL can be burned out of existance, thus forcing the global supply to tighten and well... you know the rest. .... Just a thought, not that someone would do something that evil......

Adam G.

This is the biggest problem with this coin at the moment. It's value right now is completely reliant on sponsor packages being purchased and coins being burned. At some point, something needs to happen where the coin has an intrinsic value beyond just being a limited resource.

There is literally NO use for Viral right now other than buying it to hold and hope that a sponsor package comes in. There is no economy for the coin. There is absolutely no reason for someone to look at this coin and it's ecosystem and think "yeah, I need to buy some VIRAL"...

Meanwhile, everyone that is holding VIRAL is looking for a decent exit, but at the same time wants to be a position for their coins to be bought off the exchange when there is a burn, which forces the price down as people are jockeying to keep their coins in the 3 BTC sell range.

Not fudding, just making an observation that there needs to be some serious legwork put into play to either get those advertising packages coming in on a regular basis, or to give people a reason to want to buy this coin.

Things are constantly in the works, keep an eye out for updates on new sponsor action real soon.


Indeed, it is so small of a number that any panic caused by the news is simply a display of the "power of suggestion" one of the most active factors in the alt coin scene. Back to work for me, right after I scoop up some more super cheap VIRAL.


Adam G.

heh ill rebuy in at 2.4k dump plz

zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz

Hopefully Adam can show some services being purchased and be able to burn some Viral soon.  It is going to take a few packages purchased to get back some momentum.

The staking issue with Android sounded like allot but it really is not at the end of the day.  I don't know what the exact math is but its not creating allot of Viral.  I have not noticed much difference between my computer and android wallet.  Yes it is more but one additional viral a day is not going to be a game changer in the overall supply. Its not like the increased staking is creating hundreds of more Viral a day.

Just dropped under 4k, let the panic dumping begin

Thank you Adam

Ok then in that case money supply will not be a problem. It seemed that Adams reply to the post supported the notion of hi-POS and that Android users therefore have a huge advantage over the rest. He should have corrected you then that there is no advantage of Android over the rest and that it is just a large percentage staking probably because the coins were transferred to Android wallet in large chunks.

the wallet staking issue is nothing like that stated above

i first noticed that my meager wallet... of about 30k..

seemed to be staking a large percentage of my total coins

like 25k of 30k

this is what the android app showed on the main screen

the proof is in the staked transactions though

i can find no difference from the desktop wallet

both the android and desktop stake at 5%

the android does not throw any extra 'weight' into the equation

i don't know why the staking amount appears to be so high

but i can assure you, i'm not getting 'monster amounts' of staked coins 

The address of my wallet application on Android, it is not all visible.

How to change it because I would try to send some coins.

Very generous of you.

The highlighted part is not accurate though. It impacts the money supply and in alt-coins money supply determines at least 90% of the price of the coin. The relationship is the higher the money supply the lower the price of the coin. If it is true that stakes add 50% of the balance in a wallet per stake, it means you will have exponential money supply growth @ >100% per day it seems based on multiple stakes, pushing the price right down. It might seem great and popular over the short term, but give it a few weeks and see how the money supply grows and the impact on the price. The optimal point for acceptable inflation in alt-coins is a balance between just enough interest to create demand vs impact on money supply and is between 40-130% per year. Lower than 40% per year will cause a fade in interest that will require real life use cases to create demand and over 130% per year will start to create inflation problems and lead to massive offloads of hi-POS before price drops too much which will accelerate and amplify the price drop. There are several case studies of coins that you can look at to study the effect of hi-POS and what caused those coins' demise. I would strongly recommend that you re-consider hi-POS if what the Android poster said is true.

*buys an android*

*stakes*


lmfao

Adam G.

Yes give some love to the fanboys. In my opinion they deserve some extra, like 60% to make up..

Do you have plans for an iphone/ipad wallet with the same magic?

I am going to make it even easier on everyone, I am in the process of setting up some nodes that will be running on dedicated boxes and those will be hardcoded into the app and an update will be pushed.Once the wallet is open, it will connect to those then will populate all the rest on it's own based on the active nodes that the dedicated server box nodes are connected to.  This should all be done within the next 48-72 hours or less.


Adam G.

Can anyone tell me wallet installation path on android. I'm trying to find it to insert viral.conf file with nodes cause I have no time to enter one by one. And also if you enter nodes through debug, if you exit wallet, you have to enter them again, so I want to try if viral.conf will work. Another problem I have is backing up wallet.dat. It will not save it.

EDIT:

org.qtproject.example.viral_qt is installation folder but I can't find it when exploring through android