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Topic: [ANN][SEED] SeedCoin | New Road Map - page 50. (Read 184123 times)

full member
Activity: 140
Merit: 100
October 12, 2014, 09:35:30 PM
newbie
Activity: 55
Merit: 0
October 12, 2014, 09:24:06 PM
sr. member
Activity: 342
Merit: 250
October 12, 2014, 09:04:47 PM
@end of POW
coin supply = 1000 SEED
price: 1 SEED = 0.1 BTC

@growth period
1 seed can grow to 1000 SEED so a factor of 1000x
1000 SEED coin supply * 1000 = 1,000,000 SEED
my expected price would then be 0.1 BTC / 1000 = 0.0001 btc with coin supply of 1,000,000 after growth period

current block = 13032
end of growth block = 20100
current money supply =  12,306 SEED
block time = 1 minute = 1440 blocks per day

20100 - 13032 = 7,068 blocks left for growth period
7,068 /  1440 = ~4.9 days left for growth period

12,306 * 2.69 = 33,103.14 SEED after 1 more day
33,103.14 * 2.69 = 89,047.44 after 2 days
89,047.44 * 2.69 = 239,537.63 after 3 days
239,537.63 * 2.69 = 644,356.22 after 4 days
644,356.22 * 2.69 = 1,733,318.25 after 5 days

but you dont stake immediately after 24 hrs, you need some more time to gain weight
so im guessing it would be lower than 1.7 million at the end of growth period

those numbers are off, it's 12,306 * 2.69 + 12,306

you get back 269% plus your original coin stake amount.

so it's more like
12306 * 3.69 = 45,409
45,409 * 3.69 = 167,560
167,560 * 3.69= 618,295
618,295 *3.69 = 2,281,510
2,281,510* 3.69 = 8,418,772 total possible supply.

Which is pretty close to the original estimates, but will undoubtedly be less due to moved and sold coins on bittrex.

oh, thats right, i forgot to include the original stake amount
thanks for the correction

so 1 seed with 2.69% after 7 days could actually reach a max of 9,315 SEED so actually a factor of 9000x
but it is unlikely anyone will be able to stake 7 times during the growth period due to the time it takes to gain weight after 24 hrs of maturity and yes not all SEED will be staked
sr. member
Activity: 308
Merit: 250
October 12, 2014, 08:59:43 PM
@end of POW
coin supply = 1000 SEED
price: 1 SEED = 0.1 BTC

@growth period
1 seed can grow to 1000 SEED so a factor of 1000x
1000 SEED coin supply * 1000 = 1,000,000 SEED
my expected price would then be 0.1 BTC / 1000 = 0.0001 btc with coin supply of 1,000,000 after growth period

current block = 13032
end of growth block = 20100
current money supply =  12,306 SEED
block time = 1 minute = 1440 blocks per day

20100 - 13032 = 7,068 blocks left for growth period
7,068 /  1440 = ~4.9 days left for growth period

12,306 * 2.69 = 33,103.14 SEED after 1 more day
33,103.14 * 2.69 = 89,047.44 after 2 days
89,047.44 * 2.69 = 239,537.63 after 3 days
239,537.63 * 2.69 = 644,356.22 after 4 days
644,356.22 * 2.69 = 1,733,318.25 after 5 days

but you dont stake immediately after 24 hrs, you need some more time to gain weight
so im guessing it would be lower than 1.7 million at the end of growth period

those numbers are off, it's 12,306 * 2.69 + 12,306

you get back 269% plus your original coin stake amount.

so it's more like
12306 * 3.69 = 45,409
45,409 * 3.69 = 167,560
167,560 * 3.69= 618,295
618,295 *3.69 = 2,281,510
2,281,510* 3.69 = 8,418,772 total possible supply.

Which is pretty close to the original estimates, but will undoubtedly be less due to moved and sold coins on bittrex.

Your stats for the growth period is off though 1 Seed if not staked the first week and opened on the first day could eventually become around 35-40,000 Seed
For everybody else that staked continuously before 1 seed will end up being worth 9350 
Also Total supply because of staking was something like 850 seed instead of 1000
full member
Activity: 140
Merit: 100
October 12, 2014, 08:55:01 PM
Yay DEVs back!!
Ok so moving forward does anyone have any ideas for the dev on how to make a future for the coin? real comments only please, dont need the 2 fudders BS, if everyone puts their heads together and help out with some ideas so the dev doesn't have to think about everything by himself, the guts and work so far is good as most would have run by now and dumped the whole project after the ups and downs. It looks like the whole thing is back on track and working now.

So i would start with a few simple ideas:
1. get on more exchanges
2. we can use twitter accounts to spread the word and exchange troll boxes
3. Dont put up sell walls under cutting the price, if most agree to hold at a certain price that be good, say no lower than we its trading at now 0.006 or there about
4. make simple fun photo shop pics for seed and post them here and twitter
5. Talk it up now and in the future

Could we back the coin with real seeds? as in seed is very cheap could the coin become a seed bank in real life? you can buy seed in any country for bugger all depending on the seed?
Could we back and buy seed and use it for good eg: donations for 3rd world shit holes?
Do a logo contest


Anyway the more ideas the better

Beef



Thank you, this is just the sort of thing I need.

More exchanges could help, but getting on bittrex was key. If there was higher volume this might be a big deal, but right now there's not a lot of incentive to trade. This should change near the end of the week as the coin finds its floor;)

Twitter is an excellent way to spread the word through social media. For a lot of people Twitter is their go to place for information, and as new coins trend people there really start to take interest;)


Completely agree all the rest would be great as well;)


Obviously some of the things on the agenda are Mac Wallet (we'd have one by now, but my dev pc took a dump last week. I'm actually doing everything with my laptop now. No I didn't lose any code.), android wallet, etc. I'm planning to completely overhaul the UI design for *user friendliness*. Yes that means I'm not going for resource heavy bling, or awkward custom bordered wallets. I want easy to use.

In the long term (6+ months) maybe doing something cool for people that missed this growth period. Celebrate with a 10% growth day or something. I don't know. Depends on the community sentiment for the idea.

I'm going to go back and make the shadowcoin messaging system easier to use and more intuitive (it does work, after all) and fix the stealth address issue, providing the a reasonable option for anonymous sending and receiving.

Something I really want to get into, but wont happen for quite some time in light of all the issues that we have previously faced, is redesigning how the blockchain is stored and managed across the network so that it isn't just so heavy on storage resources, and for compatability purposes, I'd look to have both versions fully compatible with eachother and able to run side by side.

Another thing I want to do is look into eliminating change addresses as the default, and instead make transaction change feed back into the address it came from, similar to what happens when coins stake (they get sent to their originating address). This design would make wallet portability and backups much more dependable and allow coins stored on paper wallets to send only a portion of their coins at a time.

I'm also looking at things like 2FA, USB authentication (to allow the option of unlocking your wallet by, say, plugging a usb stick that has a special key on it, or your mobile phone), and multi-option authentication, so you could possibly set your wallet to only unlock with both a password and a usb key, or even set both, but only require one or the other. Obviously each would have its advantages and disadvantages, but I like providing options, and not everyone likes having to use a password to unlock their wallet.

Another thing I'd like to add is the ability to share coins with other devices that you own. For example - suppose you could go to your main wallet on your PC, and set up an address in it called 'Mobile Phone', and any coins you sent to that address still remained in your primary wallet, but were also accessible from your mobile phone. And what if all you had to do in order to load that wallet onto your phone was to load it via a qr code that you could only access once you had properly authenticated?

Building up funds for an exchange buywall that functions the same way, or similar to how it was described in the ICO is something else I'm heavily contemplating. The possibility of backing the coin with resources that have stable value (I like the idea of seeds!) is awesome I think. I'm also very charitably minded, but I believe we need to build value for seed before we can build resources that we can afford to donate to charity. Like my grandfather always told me growing up, you have to be able to take care of yourself before you can take anyone else.  

I have lots of ideas that I plan on working on. I'm going to spend the next day or so putting some serious thought into how long they would take for me to implement, test, and introduce through a reasonable alpha-beta-release cycle. I plan on having a Roadmap together for everyone to look at on Tuesday or Wednesday.

All suggestions are welcome, and I'm happy to take them on board.

At the end of the day my primary expertise is in development and customer service. I'm not a big advertising guru, nor do I have much experience in design or multimedia. Having a logo contest sounds like a great idea, I love contests;)

full member
Activity: 126
Merit: 100
October 12, 2014, 08:43:25 PM
@end of POW
coin supply = 1000 SEED
price: 1 SEED = 0.1 BTC

@growth period
1 seed can grow to 1000 SEED so a factor of 1000x
1000 SEED coin supply * 1000 = 1,000,000 SEED
my expected price would then be 0.1 BTC / 1000 = 0.0001 btc with coin supply of 1,000,000 after growth period

current block = 13032
end of growth block = 20100
current money supply =  12,306 SEED
block time = 1 minute = 1440 blocks per day

20100 - 13032 = 7,068 blocks left for growth period
7,068 /  1440 = ~4.9 days left for growth period

12,306 * 2.69 = 33,103.14 SEED after 1 more day
33,103.14 * 2.69 = 89,047.44 after 2 days
89,047.44 * 2.69 = 239,537.63 after 3 days
239,537.63 * 2.69 = 644,356.22 after 4 days
644,356.22 * 2.69 = 1,733,318.25 after 5 days

but you dont stake immediately after 24 hrs, you need some more time to gain weight
so im guessing it would be lower than 1.7 million at the end of growth period

those numbers are off, it's 12,306 * 2.69 + 12,306

you get back 269% plus your original coin stake amount.

so it's more like
12306 * 3.69 = 45,409
45,409 * 3.69 = 167,560
167,560 * 3.69= 618,295
618,295 *3.69 = 2,281,510
2,281,510* 3.69 = 8,418,772 total possible supply.

Which is pretty close to the original estimates, but will undoubtedly be less due to moved and sold coins on bittrex.
sr. member
Activity: 342
Merit: 250
October 12, 2014, 08:37:26 PM
@end of POW
coin supply = 1000 SEED
price: 1 SEED = 0.1 BTC

@growth period
1 seed can grow to 1000 SEED so a factor of 1000x
1000 SEED coin supply * 1000 = 1,000,000 SEED
my expected price would then be 0.1 BTC / 1000 = 0.0001 btc with coin supply of 1,000,000 after growth period

current block = 13032
end of growth block = 20100
current money supply =  12,306 SEED
block time = 1 minute = 1440 blocks per day

20100 - 13032 = 7,068 blocks left for growth period
7,068 /  1440 = ~4.9 days left for growth period

12,306 * 2.69 = 33,103.14 SEED after 1 more day
33,103.14 * 2.69 = 89,047.44 after 2 days
89,047.44 * 2.69 = 239,537.63 after 3 days
239,537.63 * 2.69 = 644,356.22 after 4 days
644,356.22 * 2.69 = 1,733,318.25 after 5 days

but you dont stake immediately after 24 hrs, you need some more time to gain weight
so im guessing it would be lower than 1.7 million at the end of growth period
jr. member
Activity: 47
Merit: 1
October 12, 2014, 08:24:16 PM
If anyone is interested in buying a large amount of SEED, I would consider offers.   I hold one of the larger wallets Smiley
member
Activity: 69
Merit: 10
October 12, 2014, 07:53:07 PM
W00T! My coins staked and paid out, happy dance! Everything is looking good.
sr. member
Activity: 350
Merit: 250
October 12, 2014, 07:33:41 PM
if everyone holds until after the growth period this will be worth more when the time comes.

Yes it will
sr. member
Activity: 262
Merit: 250
October 12, 2014, 06:56:29 PM
1000000 SEED X0=0 by the end of growth period if SEED keeps up its trend
full member
Activity: 297
Merit: 100
October 12, 2014, 06:45:50 PM
jajajaj,  Tongue Who knows where this may end up??
copper member
Activity: 1162
Merit: 1025
October 12, 2014, 06:10:03 PM
if everyone holds until after the growth period this will be worth more when the time comes.
legendary
Activity: 1806
Merit: 1029
October 12, 2014, 05:55:52 PM
See?

This is a Dev I can get behind and fight tooth and nail for.

You don't come across many people with this amount of drive and passion for their product. It's people like this that get shit done.

Don't sweat it dude - I'll still be fighting your corner. It's just shit that some people expect so much in a very little space of time. It takes time to make a project work! Rome wasn't built in a day, the Universe wasn't created in 7 and so on Smiley

Chillax people, I expect great things from this coin Smiley

+1

... except for one thing. How am I supposed to get my low ball buy order filled when the dev keeps showing up and actually cares about the coin's future? Wink

your order will be filled in 12 hours Wink

That won't work for my staking plans. Has to fill in a few hours or I'll either drop it further or cancel it. C'mon, where are the FUDers when you need 'em?

EDIT: Oh wait, they're on my ignore list. Oh well, carry on...
]

did your order fill? I got mine Smiley

Not yet, but we're close...
legendary
Activity: 927
Merit: 1000
October 12, 2014, 05:51:58 PM
I have a legitimate question; after the days at %269 will the supply constantly increase since there is a smaller pos (%16/annually I believe) afterwards? Cheers guys
yes, and every year, this will be halved. 16% first year, 8% next, 4% . . .  etc

cool, thanks.. so actual supply after a few years would be... 5-10mil?
legendary
Activity: 927
Merit: 1000
October 12, 2014, 05:51:17 PM
See?

This is a Dev I can get behind and fight tooth and nail for.

You don't come across many people with this amount of drive and passion for their product. It's people like this that get shit done.

Don't sweat it dude - I'll still be fighting your corner. It's just shit that some people expect so much in a very little space of time. It takes time to make a project work! Rome wasn't built in a day, the Universe wasn't created in 7 and so on Smiley

Chillax people, I expect great things from this coin Smiley

+1

... except for one thing. How am I supposed to get my low ball buy order filled when the dev keeps showing up and actually cares about the coin's future? Wink

your order will be filled in 12 hours Wink

That won't work for my staking plans. Has to fill in a few hours or I'll either drop it further or cancel it. C'mon, where are the FUDers when you need 'em?

EDIT: Oh wait, they're on my ignore list. Oh well, carry on...
]

did your order fill? I got mine Smiley
hero member
Activity: 490
Merit: 500
0_0
October 12, 2014, 05:22:07 PM
I have a legitimate question; after the days at %269 will the supply constantly increase since there is a smaller pos (%16/annually I believe) afterwards? Cheers guys
yes, and every year, this will be halved. 16% first year, 8% next, 4% . . .  etc
legendary
Activity: 927
Merit: 1000
October 12, 2014, 05:19:21 PM
I have a legitimate question; after the days at %269 will the supply constantly increase since there is a smaller pos (%16/annually I believe) afterwards? Cheers guys
hero member
Activity: 749
Merit: 503
Blockchain Just Entered The Real World
October 12, 2014, 05:18:59 PM
Now listing SEED on Cryptonator https://www.cryptonator.com/rates/SEED-BTC
legendary
Activity: 1162
Merit: 1000
October 12, 2014, 05:10:20 PM
Current market cap $27,000!!!! We are exploding!!! To da moon!!!! Go SEED!!!!!!

PS.- For the mentally challenged: My tongue is hurting my cheek, ok? Get it?
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