[ANN][AC]AsiaCoin - Relaunch - page 205.

Nilsen

newbie

Activity: 33

Merit: 0

Quote from: mighty jol on April 28, 2014, 07:35:16 AM

ok so basically coins gets age every blocks and do not require your wallet to be open to get this age BUT you need to have your wallet open and unlocked (and synced of course) to be able to stake your coins

staking is the process of consuming the coin age (has to be more then 2 weks for asiacoin) and turning your block of coins into 2 smaller blocks which will have interests over it.

let s say i have 100 asiacoin and leave them into closed wallet for a month. i open my wallet and sync it, wait for them to stake. if they stake today (30 day coin age) this 100 coin block will split into two 53.5 coin blocks (on average, luck is involved as you compete with others on the network to get stakes)

the more coin you have the faster they stake.

So you can go on hollidays and sit on your AC they will still stake when you come back and sync your wallet
easy, efficient, .....ladies and gentleman : POS

Do you need to have them in a wallet? or could I have them at a exchange?

hansolo93

sr. member

Activity: 301

Merit: 250

Quote from: vectisitch on April 28, 2014, 06:26:24 AM

hi everyone i just discovered this coin. looks great i am now mining it. also i'd love my 500 ac.thanks

+1

And can comeone explain me if this coins is going to have pos only stage?

Acidyo

hero member

Activity: 588

Merit: 500

Will Bitcoin Rise Again to $60,000?

Quote from: ahmedjadoon on April 28, 2014, 08:44:45 AM

Finally some increase in price.Over 900 satoshi now.

Going no where but up now!

ahmedjadoon

legendary

Activity: 1414

Merit: 1000

Finally some increase in price.Over 900 satoshi now.

Acidyo

hero member

Activity: 588

Merit: 500

Will Bitcoin Rise Again to $60,000?

Quote from: mighty jol on April 28, 2014, 07:35:16 AM

ok so basically coins gets age every blocks and do not require your wallet to be open to get this age BUT you need to have your wallet open and unlocked (and synced of course) to be able to stake your coins

staking is the process of consuming the coin age (has to be more then 2 weks for asiacoin) and turning your block of coins into 2 smaller blocks which will have interests over it.

let s say i have 100 asiacoin and leave them into closed wallet for a month. i open my wallet and sync it, wait for them to stake. if they stake today (30 day coin age) this 100 coin block will split into two 53.5 coin blocks (on average, luck is involved as you compete with others on the network to get stakes)

the more coin you have the faster they stake.

So you can go on hollidays and sit on your AC they will still stake when you come back and sync your wallet
easy, efficient, .....ladies and gentleman : POS

¨

Thanks, that cleared things up a bit.

silencesilence

legendary

Activity: 1120

Merit: 1000

Good Mining Pools
http://ac.dedicatedpool.com - 160 workers - Pool Hashrate: 260 MH/s
http://ac.pool.mn - 340 workers - Pool Hashrate: 600 MH/s

Flomess

hero member

Activity: 705

Merit: 500

Quote from: Tasch on April 28, 2014, 08:06:15 AM

Quote from: robinho1983 on April 28, 2014, 07:49:49 AM

the investors will have done the home work on AC and realise 600 was very cheap. i think this could level at 825 today and make steady gains tue wed and then hopefully and mini rocket wed night. Grin

I really suspect this was just a pump and dump.. It went up so damn quickly and down even faster.

How can you say that if we are still going up? Cheesy

Somneone just bought 10BTC around 900

Tasch

newbie

Activity: 13

Merit: 0

Quote from: robinho1983 on April 28, 2014, 07:49:49 AM

the investors will have done the home work on AC and realise 600 was very cheap. i think this could level at 825 today and make steady gains tue wed and then hopefully and mini rocket wed night. Grin

I really suspect this was just a pump and dump.. It went up so damn quickly and down even faster.

silencesilence

legendary

Activity: 1120

Merit: 1000

Quote from: silencesilence on April 28, 2014, 07:49:29 AM

Quote from: silencesilence on April 28, 2014, 07:23:01 AM

Quote from: silencesilence on April 28, 2014, 05:37:36 AM

Quote from: silencesilence on April 27, 2014, 03:34:41 PM

№48 - http://coinmarketcap.com/
48 AsiaCoin $ 324,195 $ 0.002734 118,590,000 AC $ 63,016
we have great opportunities to be in the top 15

....^
UP |
45 AsiaCoin $ 352,687 $ 0.002878 122,530,000 AC $ 57,134

Edit:
....^
UP |
43 AsiaCoin $ 359,669 $ 0.002934 122,600,000 AC $ 56,834

....^
UP |
41. AsiaCoin $ 399,078 $ 0.003244 123,030,000 AC $ 66,492

36. AsiaCoin $ 508,466 $ 0.004129 123,160,000 AC $ 83,188

If the get in top 10
will get into all possible news - TV, newspapers, interenet, forums, facebook, twiter ....

Will attract many new investors for this great coin with a very big name - AISA COIN - AC
best days are yet to come
Grin

robinho1983

member

Activity: 75

Merit: 10

the investors will have done the home work on AC and realise 600 was very cheap. i think this could level at 825 today and make steady gains tue wed and then hopefully and mini rocket wed night. Grin

silencesilence

legendary

Activity: 1120

Merit: 1000

Quote from: silencesilence on April 28, 2014, 07:23:01 AM

Quote from: silencesilence on April 28, 2014, 05:37:36 AM

Quote from: silencesilence on April 27, 2014, 03:34:41 PM

№48 - http://coinmarketcap.com/
48 AsiaCoin $ 324,195 $ 0.002734 118,590,000 AC $ 63,016
we have great opportunities to be in the top 15

....^
UP |
45 AsiaCoin $ 352,687 $ 0.002878 122,530,000 AC $ 57,134

Edit:
....^
UP |
43 AsiaCoin $ 359,669 $ 0.002934 122,600,000 AC $ 56,834

....^
UP |
41. AsiaCoin $ 399,078 $ 0.003244 123,030,000 AC $ 66,492

Update:
36. AsiaCoin $ 508,466 $ 0.004129 123,160,000 AC $ 83,188

cjp007

full member

Activity: 224

Merit: 100

Quote from: robinho1983 on April 28, 2014, 07:39:24 AM

to the moon!!!! up 45% today. let the journey begin. Grin

Still time to buy in/mine before it's too late! Can't wait for Wednesday!

mighty jol

member

Activity: 98

Merit: 10

it s just back where it was 3 days ago, nothing to it yet. but yes rise might be seen shortly after pow ends

robinho1983

member

Activity: 75

Merit: 10

to the moon!!!! up 45% today. let the journey begin. Grin

mighty jol

member

Activity: 98

Merit: 10

ok so basically coins gets age every blocks and do not require your wallet to be open to get this age BUT you need to have your wallet open and unlocked (and synced of course) to be able to stake your coins

staking is the process of consuming the coin age (has to be more then 2 weks for asiacoin) and turning your block of coins into 2 smaller blocks which will have interests over it.

let s say i have 100 asiacoin and leave them into closed wallet for a month. i open my wallet and sync it, wait for them to stake. if they stake today (30 day coin age) this 100 coin block will split into two 53.5 coin blocks (on average, luck is involved as you compete with others on the network to get stakes)

the more coin you have the faster they stake.

So you can go on hollidays and sit on your AC they will still stake when you come back and sync your wallet
easy, efficient, .....ladies and gentleman : POS

Acidyo

hero member

Activity: 588

Merit: 500

Will Bitcoin Rise Again to $60,000?

Can someone explain how PoS works exactly?

does the wallet need to be up 24/7?
do the coins notice their age after the amount of confirmations they have received?

how does it work?

GIBZORS

member

Activity: 85

Merit: 10

Quote from: vectisitch on April 28, 2014, 06:26:24 AM

hi everyone i just discovered this coin. looks great i am now mining it. also i'd love my 500 ac.thanks

Welcome to the AsiaCoin community!
Next giveaway is at the end of PoW somewhere around wednesday.

silencesilence

legendary

Activity: 1120

Merit: 1000

Quote from: silencesilence on April 28, 2014, 05:37:36 AM

Quote from: silencesilence on April 27, 2014, 03:34:41 PM

№48 - http://coinmarketcap.com/
48 AsiaCoin $ 324,195 $ 0.002734 118,590,000 AC $ 63,016
we have great opportunities to be in the top 15

....^
UP |
45 AsiaCoin $ 352,687 $ 0.002878 122,530,000 AC $ 57,134

Edit:
....^
UP |
43 AsiaCoin $ 359,669 $ 0.002934 122,600,000 AC $ 56,834

Update:
41. AsiaCoin $ 399,078 $ 0.003244 123,030,000 AC $ 66,492

vectisitch

legendary

Activity: 1927

Merit: 1004

hi everyone i just discovered this coin. looks great i am now mining it. also i'd love my 500 ac.thanks

silencesilence

legendary

Activity: 1120

Merit: 1000

Quote from: silencesilence on April 27, 2014, 03:34:41 PM

№48 - http://coinmarketcap.com/
48 AsiaCoin $ 324,195 $ 0.002734 118,590,000 AC $ 63,016
we have great opportunities to be in the top 15

....^
UP |
45 AsiaCoin $ 352,687 $ 0.002878 122,530,000 AC $ 57,134

Edit:

....^
UP |
43 AsiaCoin $ 359,669 $ 0.002934 122,600,000 AC $ 56,834

Topic: [ANN][AC]AsiaCoin - Relaunch - page 205. (Read 401188 times)