Topic: [ANN][OC] Orangecoin ★★ POS ★★ Anon Transactions ★★ Masternodes - page 85. (Read 209551 times)

Quote from: Halofire on June 08, 2014, 04:46:36 PM

Halofire, Jim Rambler,

It would be great if you could make a few calculation on what would be possible with all those great ideas.( New Pos rates, Mnodes rates, New coin capacity, Period)

We might be able to find a great new structure tonight

I am sure you will come out with great numbers.

To determine what the cap max should be if PoS cut 50%:
If we cut the PoS by 50%, we would need to reduce coin cap by 1/2 to maintain stakers ROI. Cap at 100 million (or less) to theoretically double the price/value. Add in Mnodes, now coin cap has to be 101,225,000 or less. So IMO, 84 or 88 or 101225000 all work.

+1

I like the number Grin

cryptoba

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Quote from: Halofire on June 08, 2014, 04:46:36 PM

Halofire, Jim Rambler,

It would be great if you could make a few calculation on what would be possible with all those great ideas.( New Pos rates, Mnodes rates, New coin capacity, Period)

We might be able to find a great new structure tonight

I am sure you will come out with great numbers.

To determine what the cap max should be if PoS cut 50%:
If we cut the PoS by 50%, we would need to reduce coin cap by 1/2 to maintain stakers ROI. Cap at 100 million (or less) to theoretically double the price/value. Add in Mnodes, now coin cap has to be 101,225,000 or less. So IMO, 84 or 88 or 101225000 all work for me.

That sounds great Grin

Jim_Rambler

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Halofire, Jim Rambler,

It would be great if you could make a few calculation on what would be possible with all those great ideas.( New Pos rates, Mnodes rates, New coin capacity, Period)

We might be able to find a great new structure tonight

I am sure you will come out with great numbers.

To determine what the cap max should be if PoS cut 50%:
If we cut the PoS by 50%, we would need to reduce coin cap by 1/2 to maintain stakers ROI. Cap at 100 million (or less) to theoretically double the price/value. Add in Mnodes, now coin cap has to be 101,225,000 or less.

Ok I think I got what your saying here, paint me the full picture so I know it's waht you mean. PoS 50% cut MN @ what %

Halofire

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@halofirebtc

Quote from: cryptoba on June 08, 2014, 04:29:38 PM

Halofire, Jim Rambler,

It would be great if you could make a few calculation on what would be possible with all those great ideas.( New Pos rates, Mnodes rates, New coin capacity, Period)

We might be able to find a great new structure tonight

I am sure you will come out with great numbers.

To determine what the cap max should be if PoS cut 50%:
If we cut the PoS by 50%, we would need to reduce coin cap by 1/2 to maintain stakers ROI. Cap at 100 million (or less) to theoretically double the price/value. Add in Mnodes, now coin cap has to be ~~101,225,000~~ 102.5 million or less. So IMO, 84 or 88 or 102.5 all work.

cryptoba

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Activity: 435

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Halofire, Jim Rambler,

It would be great if you could make a few calculation on what would be possible with all those great ideas.( New Pos rates, Mnodes rates, New coin capacity, Period)

We might be able to find a great new structure tonight

I am sure you will come out with great numbers.

Jim_Rambler

member

Activity: 70

Merit: 10

Yes too much change can be a bad thing sometimes, this was why I left the original coin cap and only shifted the reward % around

Halofire

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@halofirebtc

Quote from: Halofire on June 08, 2014, 04:12:04 PM

Quote from: Halofire on June 08, 2014, 04:12:04 PM

I think to short a few numbers up will make OC much more attractive.

The value of OC will grow with new POS rates and a new 84 Mio coin capacity. If, you think 8 Years is too short we can play with the rates to get a few more years. Still, I assume it will be more than 8 Years as not all coins will be staking.

I think it could be a nice fresh new structure for OC and we make a nice communication on the new numbers and the masternodes.

If you want 84 million based on BTC's 21 million, yes, the time for minting needs to be extended past 8 years, since BTC has only ~13 million out in circulation. We have 51 million of 84 = 60.7%. Btc is at around 62%. OC % would pass BTC % in a few years, then skyrocket. If we mint out all our coins way before btc does, the OC price curve would take time to catch up, and I'm talking years.

I understand what you mean, I think we have to reduce the POS rates and the total of coin amount. The 84 Mio was an idea.

I give you an other one: let's make 88 Mio coins capcity reached after 26 Years

That equates to average 1.42 million per year released into circulation, I wouldn't be able to figure out the PoS/Mnode schedule without doing a bunch of trial and error.

Halofire

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Just a thought I want to add for our future defense: Most coins that I've seen that have slashed the cap don't fare well later on. Idk if this would be the same fate for OC or not, but we have a better shot of making this 'slash' into positive momentum for this reasoning: community discussed changes of incorporation of a feature that necessitates restructuring of the coin's economics. Most slashings are failed attempts to rejuvenate a coin that didn't produce the desired price, so that would be the difference.

cryptoba

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Quote from: Halofire on June 08, 2014, 04:12:04 PM

I think to short a few numbers up will make OC much more attractive.

The value of OC will grow with new POS rates and a new 84 Mio coin capacity. If, you think 8 Years is too short we can play with the rates to get a few more years. Still, I assume it will be more than 8 Years as not all coins will be staking.

I think it could be a nice fresh new structure for OC and we make a nice communication on the new numbers and the masternodes.

If you want 84 million based on BTC's 21 million, yes, the time for minting needs to be extended past 8 years, since BTC has only ~13 million out in circulation. We have 51 million of 84 = 60.7%. Btc is at around 62%. OC % would pass BTC % in a few years, then skyrocket. If we mint out all our coins way before btc does, the OC price curve would take time to catch up, and I'm talking years.

I understand what you mean, I think we have to reduce the POS rates and the total of coin amount. The 84 Mio was an idea.

I give you an other one: let's make 88 Mio coins capcity reached after 26 Years

Jim_Rambler

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Activity: 70

Merit: 10

I think to short a few numbers up will make OC much more attractive.

The value of OC will grow with new POS rates and a new 84 Mio coin capacity. If, you think 8 Years is too short we can play with the rates to get a few more years. Still, I assume it will be more than 8 Years as not all coins will be staking.

I think it could be a nice fresh new structure for OC and we make a nice communication on the new numbers and the masternodes.

If you want 84 million based on BTC's 21 million, yes, the time for minting needs to be extended past 8 years, since BTC has only ~13 million out in circulation. We have 51 million of 84 = 60.7%. Btc is at around 62%. OC % would pass BTC % in a few years, then skyrocket. If we mint out all our coins way before btc does, the OC price curve would take time to catch up, and I'm talking years.

Right we are moving in a good direction, but 8 years is a little short. Lets not for get after minting in over transactions and masternodes will depend on transaction fees alone. While I do see the price of our coin raising in value over the next 8 weeks and even more in next 8 years. We need a longer payout time to help transaction fees caught up, this probably means higher coin cap then 84 mil.

Halofire

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Quote from: Halofire on June 08, 2014, 03:55:36 PM

I think to short a few numbers up will make OC much more attractive.

The value of OC will grow with new POS rates and a new 84 Mio coin capacity. If, you think 8 Years is too short we can play with the rates to get a few more years. Still, I assume it will be more than 8 Years as not all coins will be staking.

I think it could be a nice fresh new structure for OC and we make a nice communication on the new numbers and the masternodes.

If you want 84 million based on BTC's 21 million, yes, the time for minting needs to be extended past 8 years, since BTC has only ~13 million out in circulation. We have 51 million of 84 = 60.7%. Btc is at around 62%. OC % would pass BTC % in a few years, then skyrocket. If we mint out all our coins way before btc does, the OC price curve would take time to catch up, and I'm talking years.

cryptoba

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And, Orangecoin is on a great tempo, still the market is fast and we always have to react and adapt.

You should talk with Orangecoin and Jim Rambler and if it is possible they make a new wallet update release with new Pos rates. And, we make a nice communication on the new OC total coin capacity and new Pos rates.

At the same time, we make a nice step by step guided entrance into the Masternodes and Anon.

Specialkey

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Quote from: Halofire on June 08, 2014, 03:48:00 PM

Quote from: cryptoba on June 08, 2014, 03:43:57 PM

Quote from: Jim_Rambler on June 08, 2014, 03:21:10 PM

Quote from: bep42 on June 08, 2014, 04:01:36 PM

I personnaly think we can reduce the POS.

We could maybe decide to bring it down directly to:

- 1st Year: 10% Pos+2,5% Mnodes

- 2nd Year : 5% Pos+2,5%Mnodes

- 3rd year and over: 2,5% Pos + 2,5% Mnodes

Wow!! I will work with those numbers Thank you! I haven't thought to bring year 1 down that low, it made me cringe taking it even down to 15% when working the numbers last night. But we must consider every way possible

cryptoba, what would agree on for a coin cap for this example? 200 million would have us pos minting and Mnodes issuing blocks for about 26 years, twice as fast released into circulation.

I was thinking about reducing the total amout of OC to something like maybe 84 Mio coins, for example

Would this be possible, what do you think ?

That's about eight years to reach 84 million.

Thought: reducing the coin cap could answer the problem of PoS earnings loss by making everyone's coins worth more for holders AND for the '2000 OC' buy-in or whatever they choose to make it.

Your thought- my thought. Grin

absolut agreed Grin

this brings more worth to the coin and a little more money magic for investors will be attractive. Wink

Now intelligent moves and breakthrough Wink

Communication today is well Grin

Halofire

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@halofirebtc

Hey guys,

if you need some OC it's on Kingoiny > https://www.kingcoiny.com/index.php?page=trade&market=18
0.00000600 BTC for the last price.

Nice!

bep42

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Hey guys,

if you need some OC it's on Kingoiny > https://www.kingcoiny.com/index.php?page=trade&market=18
0.00000600 BTC for the last price.

cryptoba

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Activity: 435

Merit: 250

I think to short a few numbers up will make OC much more attractive.

The value of OC will grow with new POS rates and a new 84 Mio coin capacity. If, you think 8 Years is too short we can play with the rates to get a few more years. Still, I assume it will be more than 8 Years as not all coins will be staking.

I think it could be a nice fresh new structure for OC and we make a nice communication on the new numbers and the masternodes.

Halofire

hero member

Activity: 938

Merit: 1000

@halofirebtc

Quote from: Halofire on June 08, 2014, 03:48:00 PM

Quote from: cryptoba on June 08, 2014, 03:43:57 PM

Quote from: Jim_Rambler on June 08, 2014, 03:21:10 PM

Quote from: cryptoba on June 08, 2014, 03:43:57 PM

I personnaly think we can reduce the POS.

We could maybe decide to bring it down directly to:

- 1st Year: 10% Pos+2,5% Mnodes

- 2nd Year : 5% Pos+2,5%Mnodes

- 3rd year and over: 2,5% Pos + 2,5% Mnodes

Wow!! I will work with those numbers Thank you! I haven't thought to bring year 1 down that low, it made me cringe taking it even down to 15% when working the numbers last night. But we must consider every way possible

cryptoba, what would agree on for a coin cap for this example? 200 million would have us pos minting and Mnodes issuing blocks for about 26 years, twice as fast released into circulation.

I was thinking about reducing the total amout of OC to something like maybe 84 Mio coins, for example

Would this be possible, what do you think ?

That's about eight years to reach 84 million.

Thought: reducing the coin cap could answer the problem of PoS earnings loss by making everyone's coins worth more for holders AND for the '2000 OC' buy-in or whatever they choose to make it.

Halofire

hero member

Activity: 938

Merit: 1000

@halofirebtc

Quote from: Jim_Rambler on June 08, 2014, 03:21:10 PM

I personnaly think we can reduce the POS.

We could maybe decide to bring it down directly to:

- 1st Year: 10% Pos+2,5% Mnodes

- 2nd Year : 5% Pos+2,5%Mnodes

- 3rd year and over: 2,5% Pos + 2,5% Mnodes

Wow!! I will work with those numbers Thank you! I haven't thought to bring year 1 down that low, it made me cringe taking it even down to 15% when working the numbers last night. But we must consider every way possible

cryptoba, what would agree on for a coin cap for this example? 200 million would have us pos minting and Mnodes issuing blocks for about 26 years, twice as fast released into circulation.

I was thinking about reducing the total amout of OC to something like maybe 84 Mio coins, for example

Would this be possible, what do you think ?

That's about eight years to reach 84 million.

Specialkey

hero member

Activity: 504

Merit: 500

p

Quote from: Jim_Rambler on June 08, 2014, 03:21:10 PM

I personnaly think we can reduce the POS.

We could maybe decide to bring it down directly to:

- 1st Year: 10% Pos+2,5% Mnodes

- 2nd Year : 5% Pos+2,5%Mnodes

- 3rd year and over: 2,5% Pos + 2,5% Mnodes

Wow!! I will work with those numbers Thank you! I haven't thought to bring year 1 down that low, it made me cringe taking it even down to 15% when working the numbers last night. But we must consider every way possible

cryptoba, what would agree on for a coin cap for this example? 200 million would have us pos minting and Mnodes issuing blocks for about 26 years, twice as fast released into circulation.

I think cryptoba has just introduced in this discussion a radical coinamount stortage model.
At this point of coinmanagment, where numers and specs change, discussable too I find.
Look at Silk Coin for them it was a pretty good deal until now.

cryptoba

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Quote from: Jim_Rambler on June 08, 2014, 03:21:10 PM