Pages:
Author

Topic: [CENT] Pennies launched - page 17. (Read 135161 times)

sr. member
Activity: 357
Merit: 250
January 03, 2014, 10:47:33 AM
Seeing as that does not take affect unti AFTER the start of Jan. 8th... you are still under the bugged calc of the SUPER stake... which... WILL NEVER stake for a block of 1 billion coins because the max transaction allowed IS 1 billion coins.
I've sent 99.9M to one address, 5*99.9M to another and other coins by 99.9M per one new address. All addresses generated in one wallet. Cryptsy didn't allowed to sent more than 99.9M.

If you read this thread you would know the largest blocks that can be staked are 99M coins... after the 8th... THEN you might get a stake for the formula amount you posyed.
Now i know. But all what i sent was 99 999 999 coins per tx.
hero member
Activity: 630
Merit: 502
January 03, 2014, 10:39:49 AM
Even 99 million transactions is really pushing the limits under the old rules. You'd literally have to stake in 9 days to the hour for it not to go over 1 billion and with the current stake congestion you'd be very lucky to stake them.
hero member
Activity: 630
Merit: 500
January 03, 2014, 10:33:45 AM
Under the 8th Jan rules, 1 trillion will create approximately 900m of new coins after the typical 9 days.

Code:
Original amount * days since creation * 0.0001 = New coins

I recieved nothing. Sent to wallet 1bil to test this (23.12.2013 06:xx) and still nothing mined. Only ~20 cents.
Wallet opened from that moment (but no need in that), command "mintpennies true" entered 5 times. Nothing after more than 11 days.

Seeing as that does not take affect unti AFTER the start of Jan. 8th... you are still under the bugged calc of the SUPER stake... which... WILL NEVER stake for a block of 1 billion coins because the max transaction allowed IS 1 billion coins.

If you read this thread you would know the largest blocks that can be staked are 99M coins... after the 8th... THEN you might get a stake for the formula amount you posyed.
sr. member
Activity: 357
Merit: 250
January 03, 2014, 10:21:59 AM
Under the 8th Jan rules, 1 trillion will create approximately 900m of new coins after the typical 9 days.

Code:
Original amount * days since creation * 0.0001 = New coins

I recieved nothing. Sent to wallet 1bil to test this (23.12.2013 06:xx) and still nothing mined. Only ~20 cents.
Wallet opened from that moment (but no need in that), command "mintpennies true" entered 5 times. Nothing after more than 11 days.
sr. member
Activity: 392
Merit: 250
January 03, 2014, 10:14:47 AM
The number of available coins here is staggering.

I was thinking of maybe getting a few Trillion just for fun. Oh what the heck, lets make it a Quadrillion!
hero member
Activity: 532
Merit: 500
January 03, 2014, 10:06:32 AM

And BTW, idiots are still paying .00000001 LTC for CENT.  That's 8 times the current market price.  Pretty stupid.

SSSSHHHHHHH!!!  I still have a sell order for 0.00000001 on the LTC market I want to fill Smiley
sr. member
Activity: 448
Merit: 250
electroneum.com
January 03, 2014, 09:21:58 AM
How does someone get these new coins? How does it work?
hero member
Activity: 630
Merit: 502
January 03, 2014, 08:59:16 AM
The reason people are buying up trillions... is because staking in the update on a trillion coins is still MILLIONS or BILLIONS of cent every stake.

I think it is supposed to be something like .2% now as of the 8th? Correct me please.

Anyways... .2% of 1 Trillion is still 2 Billion CENT.

Under the 8th Jan rules, 1 trillion will create approximately 900m of new coins after the typical 9 days.

Code:
Original amount * days since creation * 0.0001 = New coins
sr. member
Activity: 409
Merit: 252
January 03, 2014, 06:50:15 AM
I've had a buy order for .00000001 XPM on Cryptsy for 8 hours or so. I'm still waiting. Is this because some people are buying it for .00000002?


No, it's because there's a constant order on there for half a trillion CENT which is constantly filled but you have to wait your turn in the que.  this is why I said someone is accumulating trillions of CENT cause there's no reason now (with the big interest gone) to buy CENT unless you're expecting big things.  Especially when you consider that people are now paying double for XPM compared to a few days ago.

And BTW, idiots are still paying .00000001 LTC for CENT.  That's 8 times the current market price.  Pretty stupid.
sr. member
Activity: 448
Merit: 250
electroneum.com
January 03, 2014, 06:45:43 AM
I've had a buy order for .00000001 XPM on Cryptsy for 8 hours or so. I'm still waiting. Is this because some people are buying it for .00000002?
full member
Activity: 196
Merit: 100
January 03, 2014, 12:19:43 AM
If I have a 170-million coin output can I stake it? It will form 2 outputs of nearly 1 billion each, but is the resulting transaction legal?

Also, could we raise the coin limit to, say, 100 trillion coins?
full member
Activity: 213
Merit: 100
January 02, 2014, 05:32:08 PM
How do i update my new wallet. do i send funds from the old piggybank to this? or does it just overwrite my wallet.dat
sr. member
Activity: 910
Merit: 273
Undeadbitcoiner Will not DIE until 1BTC=50K
January 02, 2014, 04:19:44 PM
Are the newer wallet versions better for stakes ? i have the old piggybank one and i see most staking not going through...grr my trillions all gone Smiley
Newer wallet is avaliable in centcoin.org
You can download
I hope stakes will start from Jan 8 so its better if you will be prepared.

Good Luck
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
January 02, 2014, 02:29:29 PM
Are the newer wallet versions better for stakes ? i have the old piggybank one and i see most staking not going through...grr my trillions all gone Smiley
hero member
Activity: 630
Merit: 500
January 02, 2014, 02:24:59 PM
The reason people are buying up trillions... is because staking in the update on a trillion coins is still MILLIONS or BILLIONS of cent every stake.

I think it is supposed to be something like .2% now as of the 8th? Correct me please.

Anyways... .2% of 1 Trillion is still 2 Billion CENT.
sr. member
Activity: 409
Merit: 252
January 02, 2014, 01:57:19 PM
buying becouse some people are selling at 0,00000001 XPM

The people selling at .00000001 XPM are miners whom are sitting on a massive amount of free CENTS from the huge payouts.  That's gonna come to a sudden stop in the coming days and that's when things will get interesting.

I hope you're right but actually i don't think it will work like you think, miners are sitting on trillions still, they are waiting their last stake to 10's of trillions. Then if they can stop the interest which we have to wait and see, then they will want to dump. I think it could rise to perhaps 5 or 10 on the xpm market but really now there are far better investments if buying now. Some coin on there will rise 100's before cent rises 10x.

If everyone wants say 5 billion for their portfolio then it will rise. Let's hope they do. I should have trillions but left my wallets closed and some in cryptsy for weeks. Even with a few billions i want it to rise of course, but let's see i don't think we should tell others it has to skyrocket when really it does not have to at all.

Cryptsy i feel have dumped already else why close the ltc market, it can only harm the price of the xpm market. Either way they made super bucks off of their cents wallet.


You make some valid points.  We'll see what happens.
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
January 02, 2014, 11:29:47 AM
buying becouse some people are selling at 0,00000001 XPM

The people selling at .00000001 XPM are miners whom are sitting on a massive amount of free CENTS from the huge payouts.  That's gonna come to a sudden stop in the coming days and that's when things will get interesting.

I hope you're right but actually i don't think it will work like you think, miners are sitting on trillions still, they are waiting their last stake to 10's of trillions. Then if they can stop the interest which we have to wait and see, then they will want to dump. I think it could rise to perhaps 5 or 10 on the xpm market but really now there are far better investments if buying now. Some coin on there will rise 100's before cent rises 10x.

If everyone wants say 5 billion for their portfolio then it will rise. Let's hope they do. I should have trillions but left my wallets closed and some in cryptsy for weeks. Even with a few billions i want it to rise of course, but let's see i don't think we should tell others it has to skyrocket when really it does not have to at all.

Cryptsy i feel have dumped already else why close the ltc market, it can only harm the price of the xpm market. Either way they made super bucks off of their cents wallet.
sr. member
Activity: 409
Merit: 252
January 02, 2014, 11:23:27 AM
buying becouse some people are selling at 0,00000001 XPM

The people selling at .00000001 XPM are miners whom are sitting on a massive amount of free CENTS from the huge payouts.  That's gonna come to a sudden stop in the coming days and that's when things will get interesting.
newbie
Activity: 6
Merit: 0
January 02, 2014, 11:17:58 AM
buying becouse some people are selling at 0,00000001 XPM
sr. member
Activity: 409
Merit: 252
January 02, 2014, 10:50:01 AM
I bought a big bunch of them. Let's see how this turns out...  Grin


What exactly is a big bunch?  I thought I had a lot when I bought some 50 billion but then I saw guys with trillions of coins.  Sadly, most got those for free while I had to pay ~5BTC for just 50 billion.  At least I bought at what appears to be an absolute bottom.  Let's hope so.  

Oh, "only" 5 billions. It's all that I can gamble!

2 to 5 billion CENT seems to be the norm so this adds to my theory that someone has been buying up massive amounts of CENT.
Pages:
Jump to: