[ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin" - page 386.

Hippie Tech

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Activity: 1624

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All cryptos are FIAT digital currency. Do not use.

Quote from: Small on February 06, 2015, 07:06:46 AM

Quote from: BayAreaCoins on February 06, 2015, 07:05:36 AM

Quote from: Small on February 06, 2015, 07:03:12 AM

Would it be smart to make an online-wallet service for CLAM?

Yes! That is a staking pool too please.

So people earn CLAMS by storing clams safely on the online wallet (something like Blockchain or anything tbh... we just need clam services!)

Anyone wanna start one with me?
got a few servers we could test out with

The third party interventionist/ private bankster wannabe is strong in this one.

Sarahiko

hero member

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Well... you could be a cheer leader for the people whose trying to make the online wallet. Grin

BayAreaCoins

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Owner at AltQuick.com

Quote from: Small on February 06, 2015, 07:06:46 AM

Quote from: BayAreaCoins on February 06, 2015, 07:05:36 AM

Quote from: Small on February 06, 2015, 07:03:12 AM

Would it be smart to make an online-wallet service for CLAM?

Yes! That is a staking pool too please.

So people earn CLAMS by storing clams safely on the online wallet (something like Blockchain or anything tbh... we just need clam services!)

Anyone wanna start one with me?
got a few servers we could test out with

I'm worthless as a males tit as far as interweb business like that.

I'm really only good for selling shit and cheer leading Cheesy

I can def speak privately with you and brain storm ect ect! Love that shit Cheesy

Maybe someone else is thinking the same as you though and PM's.

Small

sr. member

Activity: 266

Merit: 250

Grow SMALL amount of BTC by earning it

Quote from: BayAreaCoins on February 06, 2015, 07:05:36 AM

Quote from: Small on February 06, 2015, 07:03:12 AM

Would it be smart to make an online-wallet service for CLAM?

Yes! That is a staking pool too please.

So people earn CLAMS by storing clams safely on the online wallet (something like Blockchain or anything tbh... we just need clam services!)

Anyone wanna start one with me?
got a few servers we could test out with

BayAreaCoins

legendary

Activity: 4004

Merit: 1250

Owner at AltQuick.com

Quote from: Small on February 06, 2015, 07:03:12 AM

Would it be smart to make an online-wallet service for CLAM?

Yes! That is a staking pool too please.

So people earn CLAMS by storing clams safely on the online wallet (something like Blockchain or anything tbh... we just need clam services!)

Small

sr. member

Activity: 266

Merit: 250

Grow SMALL amount of BTC by earning it

Would it be smart to make an online-wallet service for CLAM?

chriswen

hero member

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Merit: 500

Quote from: omahapoker on February 05, 2015, 03:35:59 PM

I am long on CLAM. ive been following clam chart everyday since JD came back.

the supply dried up , price went up and now some are selling.

I see supply drying up again in 3-4 days. thats when we start flirting with 0.01

I really like how CLAMS are structured that it's basically a bond. The price is partially based not only on the interest rate but also the interest rate compared to other products. I actually cashed out clams at a slight loss because I learned about okcoin futures and that has a much higher risk and return rate.

Yeah and we also need to take into account capital appreciation versus interest rate. It's a 27% gain for people who bought at 0.0055. But eventually the price should steadily rise as JD user base grows or maybe other demand will arise for clams. And like you said people might sell but then the price will go up once the people who sell have no more to sell.

One thing if you invest is that you should be careful not to hangout in the chat room. Dangerous place for investors. It's just a big trap of people trying to get you to gamble. Cheesy

dooglus

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Quote from: omahapoker on February 05, 2015, 03:35:59 PM

I am long on CLAM. ive been following clam chart everyday since JD came back.

the supply dried up , price went up and now some are selling.

I see supply drying up again in 3-4 days. thats when we start flirting with 0.01

I think the higher the price goes, the more people are willing to sell. It was around 0.0055 for so long that 0.007 seems like a good price for people to sell at. I doubt we'll go much higher for a while.

omahapoker

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I am long on CLAM. ive been following clam chart everyday since JD came back.

the supply dried up , price went up and now some are selling.

I see supply drying up again in 3-4 days. thats when we start flirting with 0.01

dooglus

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Activity: 2940

Merit: 1333

Quote from: Chuck on February 05, 2015, 02:36:52 PM

Shouldn't we assume that the developers moved their own BTC/LTC/DOGE into many addresses, sometime before May 12th, and that CLAMS are maybe one of the greatest premines in altcoin history? Wink

It's brilliant because we don't know if the unclaimed CLAMS belong to random people, an exchange's hot wallet, or the devs.

They claim they didn't do this, but there's no way to know for sure.

One thing I'd point out is that CLAM was around for 6 months before Just-Dice started using it, and for that 6 months the price was pretty steadily falling to zero. I would expect most people knowingly sitting on a big pile of unclaimed CLAM would have dug it up and sold it at some point during that 6 months rather than watching as it became increasingly worthless.

That argument possibly doesn't apply to the CLAM developers themselves who would be more likely to be optimistic about CLAM's future, having so much time and energy invested in it.

picolo

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Quote from: Chuck on February 05, 2015, 02:36:52 PM

Quote from: dooglus on February 05, 2015, 04:25:52 AM

Quote from: sdersdf3 on February 05, 2015, 03:35:56 AM

So, what made JustDice adopt them - what's special about CLAMS?

Quote

I like the initial distribution - CLAMs were effectively all pre-mined by the developers and then all given away, to everyone, equally.

Shouldn't we assume that the developers moved their own BTC/LTC/DOGE into many addresses, sometime before May 12th, and that CLAMS are maybe one of the greatest premines in altcoin history? Wink

It's brilliant because we don't know if the unclaimed CLAMS belong to random people, an exchange's hot wallet, or the devs.

Of course they did, they have hundreds of thousands of CLAMS and will sell them as the price goes up.

Chuck

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Activity: 92

Merit: 10

Quote from: dooglus on February 05, 2015, 04:25:52 AM

Quote from: sdersdf3 on February 05, 2015, 03:35:56 AM

So, what made JustDice adopt them - what's special about CLAMS?

Quote

I like the initial distribution - CLAMs were effectively all pre-mined by the developers and then all given away, to everyone, equally.

Shouldn't we assume that the developers moved their own BTC/LTC/DOGE into many addresses, sometime before May 12th, and that CLAMS are maybe one of the greatest premines in altcoin history? Wink

It's brilliant because we don't know if the unclaimed CLAMS belong to random people, an exchange's hot wallet, or the devs.

yudhistira

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Guys I'm still confuse please tell me more

I have 2 BTC and i want to buy clam coin
if about 300 clam on my wallet how many days to get 600 clam

dooglus

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Quote from: sdersdf3 on February 05, 2015, 03:35:56 AM

So, what made JustDice adopt them - what's special about CLAMS?

I like the initial distribution - CLAMs were effectively all pre-mined by the developers and then all given away, to everyone, equally.

Every BTC, LTC, and DOGE address that had a non-dust balance on 12th May 2014 received 4.6 CLAM. There was a little left over, and that was all burned.

After that, CLAM is only created by staking.

This suits my needs at Just-Dice because I didn't want it to get out of hand again like it did when we accepted Bitcoin. In those days we attracted over 60,000 BTC worth of deposits, which is a silly amount to have to be responsible for looking after.

With CLAM there are some 15 million CLAM waiting for people to "dig up" from the initial distribution. The threat of that actually happening keeps the price from going up too much (there are only half a million CLAM that have ever moved, so the unclaimed 15 million is very significant).

tldr: small(ish) and fair(ish)

sdersdf3

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Quote from: dooglus on February 05, 2015, 02:57:13 AM

Quote from: sdersdf3 on February 05, 2015, 01:36:23 AM

What's special about CLAMS? How has it managed to avoid the altcoin apocalypse?
Could anyone clue this "noob" in with a tdlr?

tldr: Just-Dice.com adopted it on 6th December

So, what made JustDice adopt them - what's special about CLAMS?

dooglus

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Quote from: sdersdf3 on February 05, 2015, 01:36:23 AM

What's special about CLAMS? How has it managed to avoid the altcoin apocalypse?
Could anyone clue this "noob" in with a tdlr?

tldr: Just-Dice.com adopted it on 6th December

dooglus

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Merit: 1333

Quote from: alex21btc on February 04, 2015, 04:58:57 PM

534 MB!!!

I changed my mind. I don't want move this folder.

The only file you need to sync to get the behaviour you're wanting (same funds on two machines) is the wallet.dat file. But it's a bad idea to do so, particularly if you intend to ever run the CLAM client on both machines at the same time.

If you can be sure that you only ever run one instance of the client at a time, and that the wallet.dat file is fully synced from one machine to the other before you switch to running it on the other machine then it may be safe to do so, but even then I wouldn't be sure.

The danger is that the client expects to be the only program modifying the wallet.dat file. If dropbox starts modifying the file while the CLAM client is running, bad things can and probably will happen.

dooglus

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Quote from: almightyruler on February 05, 2015, 01:48:22 AM

Quote from: dooglus on February 04, 2015, 03:45:36 AM

JD has 360k coins and stakes 1k per day, so I figure if you have 360 coins you'll stake about once per day on average, and so with 36 you can expect to stake every 10 days.

I'd be interested to hear how often anyone with a large amount of CLAM is staking.

How about one with a small amount?

I don't think your empirical testing scales. Sad

103 CLAMS here, last stake was just over 10 days ago. Based on your back of the envelope calcs, I probably should have staked about 3 times over that period.

It's not elitism that made me ask about people with a large amount. If you're staking a small amount, variance is going to play a huge part in things, and your anecdotal evidence isn't going to be very useful. If you're staking a large amount, you'll be much more likely to be staking roughly the same amount each day.

Over the last week, for instance, Just-Dice has staked these amounts:

Quote

2015-01-29 1117.64710000
2015-01-30 1068.49620000
2015-01-31 1110.82150000
2015-02-01 1080.12930000
2015-02-02 1056.51520000
2015-02-03 1067.15616470
2015-02-04 1101.75940000

It's different each day, but only by around 5%. If you have 100 CLAMs it could easily take a few weeks to stake even once, or you could stake twice in a single day. Neither of those outcomes would be surprising. If JD was to stake 500 or 2000 in a day, that would be surprising. It's the law of large numbers at work.

bobboooiie

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Quote from: almightyruler on February 05, 2015, 01:48:22 AM

Quote from: dooglus on February 04, 2015, 03:45:36 AM

JD has 360k coins and stakes 1k per day, so I figure if you have 360 coins you'll stake about once per day on average, and so with 36 you can expect to stake every 10 days.

I'd be interested to hear how often anyone with a large amount of CLAM is staking.

How about one with a small amount?

I don't think your empirical testing scales. Sad

103 CLAMS here, last stake was just over 10 days ago. Based on your back of the envelope calcs, I probably should have staked about 3 times over that period.

Its not constant , there is variance involved. The longer you let it stake the closer you will get to that number

almightyruler

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Quote from: dooglus on February 04, 2015, 03:45:36 AM

JD has 360k coins and stakes 1k per day, so I figure if you have 360 coins you'll stake about once per day on average, and so with 36 you can expect to stake every 10 days.

I'd be interested to hear how often anyone with a large amount of CLAM is staking.

How about one with a small amount?

I don't think your empirical testing scales. Sad

103 CLAMS here, last stake was just over 10 days ago. Based on your back of the envelope calcs, I probably should have staked about 3 times over that period.

Topic: [ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin" - page 386. (Read 1151252 times)