█=█ BoostCoin █=█ New team, new plans - page 87.

PhilDwg

newbie

Activity: 55

Merit: 0

Well to become the best coin and have the most innovative features, it's going to cost.. And sadly the best people charge a lot.

I don't think it's that big of a number really, since a large percentage of 3.9% will go towards growing/benefitting the coin. Which is something people these days demand and expect, without thinking of the cost.

Quote from: goingplaces on June 02, 2014, 03:19:50 AM

Quote from: Kergekoin on June 02, 2014, 02:38:33 AM

Quote from: sesko on June 02, 2014, 02:34:37 AM

Quote from: ?? on ??

on this address is only 173,624.39 now we have 35922 block.... where is 365200 coins ?

You have to calculate that a lot of block where POS blocks, so less total coins after POW, and foundation get's less coins to. More than 1/3 of 35922 blocks where POS.

Correct. Everyone will get less PoW coins because of PoS blocks. Including dev/fund. It does not change the overall percentage what they get. Dev fund will control 3.91% of all coins minus the ones they are giving away or selling.

That's quite a percentage....

goingplaces

newbie

Activity: 13

Merit: 0

Quote from: Kergekoin on June 02, 2014, 02:38:33 AM

Quote from: sesko on June 02, 2014, 02:34:37 AM

Quote from: ?? on ??

on this address is only 173,624.39 now we have 35922 block.... where is 365200 coins ?

You have to calculate that a lot of block where POS blocks, so less total coins after POW, and foundation get's less coins to. More than 1/3 of 35922 blocks where POS.

Correct. Everyone will get less PoW coins because of PoS blocks. Including dev/fund. It does not change the overall percentage what they get. Dev fund will control 3.91% of all coins minus the ones they are giving away or selling.

That's quite a percentage....

Kergekoin

hero member

Activity: 546

Merit: 500

Quote from: sesko on June 02, 2014, 02:34:37 AM

Quote from: ?? on ??

on this address is only 173,624.39 now we have 35922 block.... where is 365200 coins ?

You have to calculate that a lot of block where POS blocks, so less total coins after POW, and foundation get's less coins to. More than 1/3 of 35922 blocks where POS.

Correct. Everyone will get less PoW coins because of PoS blocks. Including dev/fund. It does not change the overall percentage what they get. Dev fund will control 3.91% of all coins minus the ones they are giving away or selling.

sesko

sr. member

Activity: 403

Merit: 250

Quote from: ?? on ??

on this address is only 173,624.39 now we have 35922 block.... where is 365200 coins ?

You have to calculate that a lot of block where POS blocks, so less total coins after POW, and foundation get's less coins to. More than halve of 35922 blocks where POS. He doesn't get 15coins per POS block. So it's hard to calculate total amount after POW if POS is active during POW.

Sum total: 36691 block, and 10.064.253 COINS generated.

If all block's where POW there should be at 36691 block, total sum of 18.345.500 COINS and 550.365 COINS in foundation.

What means, it's good to buy coins, when POW and POS is active (if you didn't mine it), and you don't wait for POW to end, because if you'r staking, you'r directly diluting total amount of coins in POW/POS phase.
Doesn't matter how many coins you have staking, important thing is you got POS blocks, so less POW blocks, less total amount after POW ends.

Kergekoin

hero member

Activity: 546

Merit: 500

Quote from: thesociableme on June 01, 2014, 08:05:47 PM

Quote from: ?? on ??

Quote from: thesociableme on June 01, 2014, 07:16:15 PM

Quote from: ?? on ??

i have bad messages for all investors:

- its simply scam.... why ? look at the dev profile on github...
- 15 coins from block is going to dev - 5 % premine with all
- now i sell all coins with some profit (with lucky), trade volume is simulated...
- i am very interested if this will be pumped, but my tip is hell, good luck boys

You're an Idiot....
The 15 coins goes to the foundation for on going support and new development and the Dev has provided the foundations Address:
BKqAh5ojyS7bkjaDHJEWXxMwKNUvUsNZak
What is wrong with Dev's Github profile?

He has been on Github for months
He has committed to several other coins
He has forked multiple coin, stratum, and mining repos

Stop spreading FUD because you want to try to buy back in at a low price.

on this address is only 173,624.39 now we have 35922 block.... where is 365200 coins ?

Quote from: mammix2 on May 30, 2014, 01:41:23 PM

God you lot are relentless..
I AM NOT DUMPING THE PREMINE..
You need to focus more of your efforts on people like this who control the markets!
https://twitter.com/smokin35
currently there are about 250,000 left in the pre-mine total, and NO as I have stated many time before i am not making the pre-mine address public, as if i do every single transaction will get FUD from all over. I need the pre-mine to freely promote this coin and pay for things like compensation
This is the foundation address: BKqAh5ojyS7bkjaDHJEWXxMwKNUvUsNZak
The foundation address you all know and that is the public amount. And contrary to popular believe the foundation does NOT get 15 coins from every block. As from block 100 we have also been creating PoS blocks which have roughly halved the amount of PoW blocks. As you will all notice the total coin supply will be much lower than was started when the coin was launched.
On the plus side this does mean there will be far less coins so will make the coin more valuable. So for all the people who are behind BoostCoin this will be a positive thing when we get listed on mintpal.

My bad I was wrong about the 15 coins.... it is not 15 coins

I explained this in detail before. Dev will get 3.91% of all coins. Its simple math. There is nothing complicated about it.

Quote from: Kergekoin on May 29, 2014, 11:57:53 AM

Donation percent is about 2,91% from PoW blocks. That means devs will have the premine of 1% + 2,91% = 3,91% of all coins. PoS blocks have nothing to do with the percentage devs are getting. They just lower the entire PoW subsidy.

Bitcoin4ik

full member

Activity: 149

Merit: 100

Quote from: Amph on June 02, 2014, 02:09:37 AM

Quote from: Bitcoin4ik on June 01, 2014, 11:16:37 PM

Quote from: thesociableme on June 01, 2014, 10:34:01 PM

LESS then 7000 Blocks Left in POW

Will be sad if the coin does not go up at the expiration of POW Sad

even mast rised again and it is just a mere x11, i don't see any reason why this shouldn't, but...there are always random stupid reasons that can prevent this

force majeure

nick777

hero member

Activity: 527

Merit: 500

RANK 40-3495 votes
https://www.mintpal.com/voting#BOST

Kergekoin

hero member

Activity: 546

Merit: 500

Quote from: Bitcoin4ik on June 01, 2014, 11:16:37 PM

Quote from: thesociableme on June 01, 2014, 10:34:01 PM

LESS then 7000 Blocks Left in POW

Will be sad if the coin does not go up at the expiration of POW Sad

Thats less than 4 days in practice.

Amph

legendary

Activity: 3248

Merit: 1070

Quote from: Bitcoin4ik on June 01, 2014, 11:16:37 PM

Quote from: thesociableme on June 01, 2014, 10:34:01 PM

LESS then 7000 Blocks Left in POW

Will be sad if the coin does not go up at the expiration of POW Sad

even mast rised again and it is just a mere x11, i don't see any reason why this shouldn't, but...there are always random stupid reasons that can prevent this

aikklond

legendary

Activity: 1148

Merit: 1000

I think BOOST is gonna start a wave of successful X13 coins.

We should see huge price rise as we close to POW phase end

Stronci

member

Activity: 104

Merit: 10

Quote from: ArbyWan on June 01, 2014, 12:19:15 PM

boost.monsterhash.me is reporting 2 blocks found but only one paid out, and zero unconfirmed, and of course the site won't let me contact them via email haha, wow.

I left from there. Boost2.suprnova.cc. excellent pool !

Bitcoin4ik

full member

Activity: 149

Merit: 100

Quote from: thesociableme on June 01, 2014, 10:34:01 PM

LESS then 7000 Blocks Left in POW

Will be sad if the coin does not go up at the expiration of POW Sad

thesociableme

full member

Activity: 196

Merit: 100

LESS then 7000 Blocks Left in POW

ArbyWan

newbie

Activity: 28

Merit: 0

Quote from: Goldshredder on June 01, 2014, 07:13:23 PM

Quote from: ArbyWan on June 01, 2014, 01:43:08 PM

Quote from: monsterhash.me on June 01, 2014, 12:27:55 PM

Quote from: ArbyWan on June 01, 2014, 12:19:15 PM

boost.monsterhash.me is reporting 2 blocks found but only one paid out, and zero unconfirmed, and of course the site won't let me contact them via email haha, wow.

You can contact us here via PM at any time.

We've updated to the latest wallet and had to redownload the blockchain, this made some issues as we were "traveling through time" with the boost blocks downloaded

everything is fixed now, sorry for the hiccup

Thank you for the info, but still showing 2 blocks found in blockfinder and only one in transactions

Monsterhash.me, can you please explain or clarify the discrepancy noted by the user above.

If there is a logical sensible explanation then you'd better get it out there.

I'm mining at your pool, and want to know it's not an issue.

Thank you for giving this more notice, as I have sent 2 PM's about this and no answer. Would like to know why my blockfinder is showing 2 blocks found and only 1 paid out.

thesociableme

full member

Activity: 196

Merit: 100

Quote from: ?? on ??

Quote from: thesociableme on June 01, 2014, 07:16:15 PM

Quote from: ?? on ??

i have bad messages for all investors:

- its simply scam.... why ? look at the dev profile on github...
- 15 coins from block is going to dev - 5 % premine with all
- now i sell all coins with some profit (with lucky), trade volume is simulated...
- i am very interested if this will be pumped, but my tip is hell, good luck boys

You're an Idiot....

The 15 coins goes to the foundation for on going support and new development and the Dev has provided the foundations Address:

BKqAh5ojyS7bkjaDHJEWXxMwKNUvUsNZak

What is wrong with Dev's Github profile?

He has been on Github for months
He has committed to several other coins
He has forked multiple coin, stratum, and mining repos

Stop spreading FUD because you want to try to buy back in at a low price.

on this address is only 173,624.39 now we have 35922 block.... where is 365200 coins ?

Quote from: mammix2 on May 30, 2014, 01:41:23 PM

God you lot are relentless..

I AM NOT DUMPING THE PREMINE..
You need to focus more of your efforts on people like this who control the markets!
https://twitter.com/smokin35

currently there are about 250,000 left in the pre-mine total, and NO as I have stated many time before i am not making the pre-mine address public, as if i do every single transaction will get FUD from all over. I need the pre-mine to freely promote this coin and pay for things like compensation

This is the foundation address: BKqAh5ojyS7bkjaDHJEWXxMwKNUvUsNZak

The foundation address you all know and that is the public amount. And contrary to popular believe the foundation does NOT get 15 coins from every block. As from block 100 we have also been creating PoS blocks which have roughly halved the amount of PoW blocks. As you will all notice the total coin supply will be much lower than was started when the coin was launched.

On the plus side this does mean there will be far less coins so will make the coin more valuable. So for all the people who are behind BoostCoin this will be a positive thing when we get listed on mintpal.

My bad I was wrong about the 15 coins.... it is not 15 coins

thesociableme

full member

Activity: 196

Merit: 100

Quote from: goodluck0319 on June 01, 2014, 07:30:50 PM

what is first profitable coin for x13?

Boost is the most profitable x13 coin to mine

goodluck0319

sr. member

Activity: 420

Merit: 250

what is first profitable coin for x13?

thesociableme

full member

Activity: 196

Merit: 100

BOST is the Second most profitable coin to mine right now.

Source: Whatmine.com

Which means that there is a ton of interest in this coin and people are buying up the coins being generated by the 50 GH/s mining.

Law of supply and demand... Right now the supply is great due to mining.... but only for the next roughly 7000 blocks.

thesociableme

full member

Activity: 196

Merit: 100

Quote from: Goldshredder on June 01, 2014, 06:48:15 PM

Quote from: mammix2 on June 01, 2014, 02:31:02 PM

Reading this, what would the general view be on switching back on the PoW at some stage in the future as a short term bonus mining period. There is no technical reason why PoW could not be re-enabled at some stage in the future as a boost to the current supply. This could be for a short period like maybe 1000 - 5000 Blocks... (But would require a mandatory wallet update before each time this happened) As far as i know no other coin has done this...

Do you think this would be a positive new idea or could it be a bad thing?. let me know what you think?

I don't understand. Why would this be done?

Under this coin's parameters, PoW has been destroying the coin's value, as greedy industrial miners suck up as much as possible and dump it all for BTC. And there have been no other X13 coins (except the barely-alive MARU) to share the load.

Why would you then suggest more PoW in future???

The sooner PoW ends for this coin, the better.

Please don't add more! Especially not in a new, untested way that could have unforeseen negative consequences!!

+1

thesociableme

full member

Activity: 196

Merit: 100

Quote from: ?? on ??

https://www.google.com/search?q=Your+an+Idiot

Topic: █=█ BoostCoin █=█ New team, new plans - page 87. (Read 299700 times)