[ANN][C2.1] Coin2 | Pow/PoS | ChainOfConflict[FPS] The Future of Gaming is Now - page 345.

BruceLee007

sr. member

Activity: 406

Merit: 250

Quote from: Oto3 on May 01, 2014, 05:49:59 AM

Compound Interest Formula:
P = principal amount (the initial amount you deposit)
r = annual rate of interest
t = number of years the amount is deposited for.
A = amount of money accumulated after n years, including interest.
n = number of times the interest is compounded per year

A = P * (1 + r/n)^(t*n)

67,484.62 = 50000*(1+0.3/365)^(1*365)

Thank you. I think your formula is corrrect.

Oto3

member

Activity: 195

Merit: 10

Compound Interest Formula:
P = principal amount (the initial amount you deposit)
r = annual rate of interest
t = number of years the amount is deposited for.
A = amount of money accumulated after n years, including interest.
n = number of times the interest is compounded per year

A = P * (1 + r/n)^(t*n)

67,484.62 = 50000*(1+0.3/365)^(1*365)

sonysasankan

sr. member

Activity: 280

Merit: 250

Quote from: roslinpl on April 30, 2014, 07:45:34 PM

Quote from: sonysasankan on April 30, 2014, 07:11:41 PM

Quote

- PoS block generation after 1 day of holding

Does this mean that If I keep the coins in my wallet, I should see more coins come the second day?

Indeed.

This is how it works

If you hold your coins for 1 year - 1st year will give you 30% more coins.
So if you keep 10k C2.0 for a year - after a year you have 1300c2.0

This is great feature and it might be interesting for some hodlers

It should be compounded right? So im guessing it should be a little than 13,000 C2. So 30% a year and staking happening every 24 hours means 30 / 365 = .08% every day?

So a week of holding 50,000 C2 would look like this?

Day 01 - 50,000 + .08% = 50,040
Day 02 - 50,040 + .08% = 50,080
Day 03 - 50,080 + .08% = 50,120
Day 04 - 50,120 + .08% = 50,160
Day 05 - 50,160 + .08% = 50,200
Day 06 - 50,200 + .08% = 50,240
Day 07 - 50,240 + .08% = 50,280
.
.
.
Day 100 - 54,119 + .08% = 54,162
.
.
.
Day 365 - 66,893 + .08% = 66,947

Am I right there? Seems a little low on the incentive for someone looking to hold for a year no? Or am I just a spoilt brat? Tongue

klopper

hero member

Activity: 616

Merit: 500

Quote from: Fatih87SK on May 01, 2014, 03:30:59 AM

Quote from: SchlappeSeppel on May 01, 2014, 03:05:55 AM

In 13 days the Asset Exchange of Nxt Coin go live. There is possible to trade everything, shares, coins, work, beer and sex toys Cheesy

and also coin2 for Dollar Wink

NXT games will use the Asset Exchange to trade/sell ingame tools/weapons.

Maybe Coin2 can offer weapons for the game at the Asset Exchange of NXT?

Cool, i like it!

WhoCaresCoins

hero member

Activity: 596

Merit: 500

F*CK WHALES!

Quote from: Fatih87SK on May 01, 2014, 03:30:59 AM

Quote from: SchlappeSeppel on May 01, 2014, 03:05:55 AM

In 13 days the Asset Exchange of Nxt Coin go live. There is possible to trade everything, shares, coins, work, beer and sex toys Cheesy

and also coin2 for Dollar Wink

NXT games will use the Asset Exchange to trade/sell ingame tools/weapons.

Maybe Coin2 can offer weapons for the game at the Asset Exchange of NXT?

Sounds good. I am favor of this idea. Cheesy

SchlappeSeppel

newbie

Activity: 47

Merit: 0

Quote from: Fatih87SK on May 01, 2014, 03:30:59 AM

Quote from: SchlappeSeppel on May 01, 2014, 03:05:55 AM

In 13 days the Asset Exchange of Nxt Coin go live. There is possible to trade everything, shares, coins, work, beer and sex toys Cheesy

and also coin2 for Dollar Wink

NXT games will use the Asset Exchange to trade/sell ingame tools/weapons.

Maybe Coin2 can offer weapons for the game at the Asset Exchange of NXT?

this could be a plan. +1

Fatih87SK

hero member

Activity: 616

Merit: 500

Quote from: SchlappeSeppel on May 01, 2014, 03:05:55 AM

In 13 days the Asset Exchange of Nxt Coin go live. There is possible to trade everything, shares, coins, work, beer and sex toys Cheesy

and also coin2 for Dollar Wink

NXT games will use the Asset Exchange to trade/sell ingame tools/weapons.

Maybe Coin2 can offer weapons for the game at the Asset Exchange of NXT?

SchlappeSeppel

newbie

Activity: 47

Merit: 0

In 13 days the Asset Exchange of Nxt Coin go live. There is possible to trade everything, shares, coins, work, beer and sex toys Cheesy

and also coin2 for Dollar Wink

Bittzy78

legendary

Activity: 1176

Merit: 1019

I do not give financial advice .. do your own DD

Quote from: Glen Hoddle on April 30, 2014, 06:28:02 PM

Quote from: venmo on April 30, 2014, 06:23:21 PM

Plans are in place where people will simply purchase Coin2 with real money and wont even have to go near an exchange.

Can't wait to hear more about this

Ebay could be used as an option but they charge a $9.99 classified ad fee if you want to do a crypto listing. That makes it a little cost prohibitive.

roslinpl

legendary

Activity: 2212

Merit: 1199

Quote from: Bruce Red on April 30, 2014, 10:26:22 PM

Agree with you. Buy cheap C2 now.

I must agree that if someone want to buy some c2.0 perhaps this is good time to do it.
I do not really think those coins will get cheaper in next days but I cannot be sure. Everything can happen.
But more probably is that price will go ++

Bruce Red

member

Activity: 62

Merit: 10

Quote from: venmo on April 30, 2014, 06:23:21 PM

Mintpal may make the price rise or fall in the short term.

It matters not.

The future of this coin is far bigger than the crypto community.

Most of our investors will come from outside the crypto community.

Plans are in place where people will simply purchase Coin2 with real money and wont even have to go near an exchange.

When these gamers come the price will rise.

It is simple supply and demand.

No whale or team of manipulators will be able to stop it.

The demand will simply be too great.

There are too many gamers who want to earn from their skill.

Have patience and let those who wish to control the coin do their thing.

Soon they will not be able to so let them have their fun while they can.

It matters not to those of us who are invested for the long run and want to make serious money.

Use it as an opportunity to buy more Coin2 cheap.

Agree with you. Buy cheap C2 now.

roslinpl

legendary

Activity: 2212

Merit: 1199

Quote from: ?? on ??

Quote from: roslinpl on April 30, 2014, 07:45:34 PM

Quote from: sonysasankan on April 30, 2014, 07:11:41 PM

Quote

- PoS block generation after 1 day of holding

Does this mean that If I keep the coins in my wallet, I should see more coins come the second day?

Indeed.

This is how it works

If you hold your coins for 1 year - 1st year will give you 30% more coins.
So if you keep 10k C2.0 for a year - after a year you have 13000c2.0 :)

This is great feature and it might be interesting for some hodlers

added 1 zero coz i dont want sony to be worried ^^, so that will be 10k original coins + (30% x10k) Pos Coin = 13000 C2.0 coins

Yes yes indeed

My bad so sorry for a mistake

It should be indeed 13kC2.0 coins from 1 year of hodling 10k C2.0 coins.

lionheart78

legendary

Activity: 2954

Merit: 1153

Quote from: namegeo on April 30, 2014, 07:04:18 PM

Hi everyone

Just a remark for the community of coin2 and especially for the board team of the coin:
I know that Coin2 now is C2.0 and NC2 , but I think we should stick to one symbol and encourage everyone to use it. we should not make any confusion for the new comers.

what I suggest is to maintain the NC2 because the exchanges are using this symbol, and the coin is the most exposed now at these exchanges.

And we have to ask whoever is using the C2.0 to change it to NC2 to make it conform to everyone.

I do believe that this is a must.

NB: I have no objection for C2.0 , but most places are going for NC2 now.

the problem is ads and marketing materials are all under C2.0 name ^^, outside exchanges it's C2.0 but let the community vote for this ^^, im too lazy to make a poll maybe you can do 1 XD

roslinpl

legendary

Activity: 2212

Merit: 1199

Quote from: sonysasankan on April 30, 2014, 07:11:41 PM

Quote

- PoS block generation after 1 day of holding

Does this mean that If I keep the coins in my wallet, I should see more coins come the second day?

Indeed.

This is how it works

If you hold your coins for 1 year - 1st year will give you 30% more coins.
So if you keep 10k C2.0 for a year - after a year you have 1300c2.0

This is great feature and it might be interesting for some hodlers

venmo

full member

Activity: 210

Merit: 100

After you have had the coins in your wallet for 24 hours yes

sonysasankan

sr. member

Activity: 280

Merit: 250

Quote

- PoS block generation after 1 day of holding

Does this mean that If I keep the coins in my wallet, I should see more coins come the second day?

namegeo

newbie

Activity: 35

Merit: 0

Hi everyone

Just a remark for the community of coin2 and especially for the board team of the coin:
I know that Coin2 now is C2.0 and NC2 , but I think we should stick to one symbol and encourage everyone to use it. we should not make any confusion for the new comers.

what I suggest is to maintain the NC2 because the exchanges are using this symbol, and the coin is the most exposed now at these exchanges.

And we have to ask whoever is using the C2.0 to change it to NC2 to make it conform to everyone.

I do believe that this is a must.

NB: I have no objection for C2.0 , but most places are going for NC2 now.

venmo

full member

Activity: 210

Merit: 100

Quote from: Glen Hoddle on April 30, 2014, 06:28:02 PM

Quote from: venmo on April 30, 2014, 06:23:21 PM

Plans are in place where people will simply purchase Coin2 with real money and wont even have to go near an exchange.

Can't wait to hear more about this

It's early days in the discussions department with several potential partners but I will keep you all updated.

I think being able to just buy Coin2 directly will be a major asset to our strategy going forward.

A large percentage of our target audience will not want the hassle of buying BTC and using exchanges.

They simply want to play a game and have fun.

The easier we make it for them the better.

Glen Hoddle

sr. member

Activity: 578

Merit: 274

Quote from: venmo on April 30, 2014, 06:23:21 PM

Plans are in place where people will simply purchase Coin2 with real money and wont even have to go near an exchange.

Can't wait to hear more about this

venmo

full member

Activity: 210

Merit: 100

Mintpal may make the price rise or fall in the short term.

It matters not.

The future of this coin is far bigger than the crypto community.

Most of our investors will come from outside the crypto community.

Plans are in place where people will simply purchase Coin2 with real money and wont even have to go near an exchange.

When these gamers come the price will rise.

It is simple supply and demand.

No whale or team of manipulators will be able to stop it.

The demand will simply be too great.

There are too many gamers who want to earn from their skill.

Have patience and let those who wish to control the coin do their thing.

Soon they will not be able to so let them have their fun while they can.

It matters not to those of us who are invested for the long run and want to make serious money.

Use it as an opportunity to buy more Coin2 cheap.

Topic: [ANN][C2.1] Coin2 | Pow/PoS | ChainOfConflict[FPS] The Future of Gaming is Now - page 345. (Read 499723 times)